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It’s a tech site; there’s a whole tech industry devoted to what is basically securities fraud, and it’s annoying. I work in smart contracts trying to build an a
by roflc0ptic 4y ago
It’s a tech site; there’s a whole tech industry devoted to what is basically securities fraud, and it’s annoying. I work in smart contracts trying to build an ambitious global network, so I’m not exactly some Luddite afraid of the future.
If I read an article about people artificially inflating the price of something in a pump and dump scheme, I pattern match that to crypto. I’m tired of hearing about it, too, but I to stop hearing about it because someone regulated the fraudsters out of business, not because defrauding unsophisticated people became a norm we don’t criticize.
- jahsome 4y agoJust replace "crypto" with "human nature" or "capitalism." Fraud is not exclusive to crypto, it's just laughably easy.