this post was submitted on 22 May 2024
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So this is scam right? Overpromise on a product that doesn't work then sell the company for some huge price because it's cutting edge technology? Because it feels like a scam.
remember how over the past few years almost everything brand new had the word "blockchain" shoehorned into it for no good reason?
This is the same kind of thing. It's an atrocious boondoggle. There must still be a serious amount of cocaine floating around Venture Capitalist parties, because one of those boys is gonna drop 500M on this company and think they bought the dip, when in fact they, themselves, are the dip.
I don't think "Blockchain" ever reached anywhere near this level of shoehornery.
oh, for a while there, it was close. things have changed even in the past 2 months since I wrote that comment.