• 2 Posts
  • 1.72K Comments
Joined 2 years ago
cake
Cake day: April 11th, 2024

help-circle


  • explodicle@sh.itjust.workstoScience Memes@mander.xyz17 years*
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    2 days ago

    Nobody cares how much effort they put in if it walks like a scam and quacks like a scam. You’d have to be nuts to trust anybody in the crypto space.

    Why stop developing while it’s still producing revenue? With >51% of the supply, they can leech off any remaining suckers indefinitely. The price of Nano relative to Bitcoin has done exactly what one should expect. It would need to have been done correctly to begin with and can’t now be un-fucked.





  • Nano gave out its supply with centrally administered CAPTCHAs. That means they could have simply exempted insiders from having to do the CAPTCHAs at all, getting >51% of the supply for free. You’re expecting everyone who ever uses that money supply to trust a central party for something we can’t audit.