Hacker News new | ask | show | jobs
by myowncrapulence 3396 days ago
Instead of simply using bitcoin (internet), these companies all created arbitrary currencies (intranet) to essentially generate profit for themselves. Having seen dozens of literally identical projects I can promise you all of these "networks" which utilize their own arbitrary currency are scams.
1 comments

The "altcoin == scam" assertion doesn't hold up under scrutiny.

Bitcoin is IPv4. There is lots of research into the next, better version.