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The thing with Blockchain scams (shitcoins), is that it feels like the creators of these coins often really believe they are going to be providing a useful serv
by krupan 4y ago
The thing with Blockchain scams (shitcoins), is that it feels like the creators of these coins often really believe they are going to be providing a useful service, a new innovation better than traditional financial services, better than Bitcoin. But they just don't think it all the way through. It's hard to think it all the way through!
But don't get me wrong, there are also most definitely some outright scams in the crypto world too.
- dragonwriter 4y ago> The thing with Blockchain scams (shitcoins), is that it feels like the creators of these coins often really believe they are going to be providing a useful service, a new innovation better than traditional financial services, better than Bitcoin. But they just don’t think it all the way through. Or, maybe, the success and visibility of these types of coins is driven almost entirely by the ability of the creators to project the illusion of confidence and expertise to buyers who won’t think things all the way through.