It can be a little difficult to pin them down. As everything is surrounded in more flash sounded tech that doesn't deliver. It's like trying to say if Amway, the multi level marketing company is a scam or not.
First it's the pre sale of tokens. Very problematic way of raising money. Nearly all pre sales token campaigns follow the same story. Build flashy website and run a slick marketing campaign. Make grand world saving claims for this software you are going to build by really you aren't. Raise a lot of money (10M USD or more). Then after the sale fail to deliver of the claims and shameless move onto the next crowd sale.
There is also the past of etherium founder. VB tried to do another crowd funded scam before etherium that was a lot more blatant. VB also puts his name on many ICOs (initial coin offering) which all end in scams. The founders take the large amount money and then the product in vaporware.
ETH is scam and a marketing program. It's interesting that even the educated developer community of HN cannot see this and how effective flash marketing can be
Bitcoin is not anonymous your link doesn't say it is. It's easier to hide your identity than a credit card but it's more) not anonymous and there is a big focus on fixing this.
These ICO scams are so profitable right now. You would be crazy not to run one. They have the formula down too. The all look the same. And it's a scam with no legal consequences. Your product is vaporware and you get to keep the money
This is really not the case. It's been pair reviewed and testing for 2 years. Plus has been run on testnet since last year. It's technically superior and should be activated on bitcoin but it's been blocked for political reasons
If Ethereum actually worked as an autonomy trustless network (which is what the project claimed to be) then there would be no middle man. But Ethereum is just vaperware and a marketing project
That's why when hiring I always say hire the lucky person not the hard worker. You're an idiot if you think it's hard work that explains success of a company. I get applications to role a set of dices and the one that roles the hirest number is hired.
That's why when hiring I always say hire the lucky person not the hard worker. You're an idiot if you think it's hard work that explains success of a company. I get applications to role a set of dices and the one that roles the hirest number is hired.
There is no anti-tourist feelings in New Zealand at all. You were just experiencing New Zealand like a local. It's an expensive country with not many people. If a shop can price gouge because of no competition it will. Customer service is terrible in general and you might be overcharged.
A "backpacking" is a traveler that's seen positively In New Zealand. Most NZs have gone traveling with a backpack at some point in their lives.
Crazy that an increase of supply depresses the price in a market. I have not been this outraged since I discovered water was wet. Competition makes our world prosperous. We should welcome it
Ethereum is a complete scam. Amazes me that other technical people can't see it. Can they backup any of their claims of a turing complete autonomous system. Nope! Total vaporware and has no way of scaling to any degree.
My only interest in the project is to see how far a sophisticated scam can go. Can the higher quality commenting on HN spot the scam? Not yet! How far can smoke and mirrors trick an educated audience? It's a very interesting project in this regard