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Is this the western/hipster equivalent of a 419 scam?

• eclipxe 12y ago
  Yes
• olalonde 12y ago
  I find it sad to see this type of negative comment on a site dedicated to technological innovation and entrepreneurship. And I'm saying this as someone who doesn't plan to invest in Ethereum.
  • andylei 12y ago
    people dedicated to technological innovation can't believe in scams?
  • pdpi 12y ago
    There's plenty of quacks calling themselves innovators and entrepreneurs. We should pride ourselves in taking a critical eye to things, and the OP isn't the only person to smell the unmistakable funk of a scam in this.
    • facepalm 12y ago
      They already have a working proof of concept and lots of interest from the Hacker community. Have you even looked at it? If you don't think that it's innovative, I guess it's something you would invent in your sleep? Makes me hope they actually succeed, so that I can watch out for your "I could have done that" comment on HN.
    • olalonde 12y ago
      Ethereum is undeniably innovative (the first crypto currency that incorporates a Turing complete language). It certainly is a very risky investment but a scam?
• facepalm 12y ago
  From Wikipedia on 419 scams: "The scam typically involves promising the victim a significant share of a large sum of money, which the fraudster requires a small up-front payment to obtain." I don't see Ethereum promising anybody a large sum of money, so I guess it's not a 419 scam. Nice try, though. Presumably it is simply a crowdfunding campaign.
• kolev 12y ago
  I bet most people don't even know what they are "buying", but they all wanna get richer quick.
• kolev 12y ago
  I bet most people don't even know what they are "buying", but they all wanna get richer quick.