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Amazon is not a scam and anybody could have founded it. Both those statements are true so I’m missing the analogy.
by thebean11 5y ago
Amazon is not a scam and anybody could have founded it. Both those statements are true so I’m missing the analogy.
- throwaway82652 5y ago>anybody could have founded it No they couldn't? At bare minimum: A lot of people were babies or were not even born yet when Amazon was founded. A lot of people were not in the financial position to go do a startup in the 90s. A lot of people did not have computer science or business skills at that time (and still don't). A lot of people just did not ever care about buying and selling books online. I'm sure you can think of a lot more examples here. And if Amazon was trying to push a new AmazonBucks cryptocurrency as the new global currency with Jeff Bezos holding a large percentage of them, then yes I would probably call it a scam. Remember when Facebook basically tried to do that a few years ago?
- thebean11 5y agoYes, people born in the 1400s couldn't have founded it..good point? I think it's pretty obvious that I didn't mean literally everyone (the unborn, dead, sick, disabled etc). In your post you even said it's "technically true" that anybody could have founded Amazon, so I'm not sure why you're trying to get me on an obvious technicality here.
- throwaway82652 5y agoAgain, the reason bitcoin is a scam and Amazon is not, is because Amazon is not trying to promote themselves as a currency. Regardless of their stock price or how rich the founder is, Amazon is still a productive company that does useful work.
- thebean11 5y agoSure you could make that claim but not sure how a comparison to Amazon furthers it. Bitcoin is a currency and therefor a scam, Amazon is not a currency and therefor not a scam?
- throwaway82652 5y agoNo, neither are currencies. Cryptocurrencies try to promote themselves as currencies, but they're actually not, and they can't ever function that way, for a number of reasons.