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Crypto Darling Helium Promised a ‘People’s Network.’ Instead, Its Execs Got Rich
- ilrwbwrkhv 4y agoA tale as old as time. cough andreeson horowitz cough
- quantified 4y agoIf there was real money to be made operating the devices, wouldn't the investors be investing in that too? It was just magic beans, though.
- wmf 4y agoThat's what happened.
- verdverm 4y agoThe fundamental problem is that everyone already has home internet and phone plans. Why would they pay for another service that is not as good? On top of that, most operators were likely violating their TOS with their existing internet provider by making a paid access service on top of it.
- tromp 4y agoCrypto should be designed so that its creators cannot profit from it...