A publicly traded company actually invested in KODAKCoin. No words.pic.twitter.com/ENX2IOhTtF
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It’s typical bubble behavior, so nothing new. But seeing so many scammy companies is just depressing sometimes. Like guys, why do you do this to yourself?
It’s high time-preference, one-off chance attempt to get rich and hope the Internet forgets or that they’d chalk it up to “We tried an entrepreneurial experiment but it didn’t work.” As smart money arrives and short-trading matures + regulation / self-regulation arrives
...It will get harder. But unfortunately what’s going on right now is the price we pay for unfettered cryptoanarchy. Median-IQ people mercilessly scamming low-IQ people.
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