- cross-posted to:
- technology@beehaw.org
- cyberpunk@lemmy.ml
- privacy@lemmy.ml
- cross-posted to:
- technology@beehaw.org
- cyberpunk@lemmy.ml
- privacy@lemmy.ml
People are lured by easy money, without understanding the privacy implications of signing up for the block chain.
Yeah - if everyone gets 50$ and only half of them cash out then it’s not possible to have enough demand to not make this thing fall into oblivion.
I really wonder how they plan to keep the value up once it has settled?
This thing doesn’t need to hold up a second longer than the time the founders need to sell most of their premined tokens.
They likely can and will keep it going for a bit longer via money coming in from new investors.
Some kind of Ponzeye scheme?
Alright, I see what you did there
Pyreyemid
Yeah but with enough technobabble to slow down litigation until the money are squirreled away.
The marketing cost seems to be insane though
And developing such a high quality scanner also isnt cheap
I feel like that current 2$ pricepoint can’t be the endgame the investors had in mind
I don’t see how it’s going to rise further though