Hacker News new | ask | show | jobs
by knocte 2714 days ago
Granted, there have been a lot of scams in this sector. But to draw a parallel to the previous decades, it's like you were saying that because there were a lot of companies selling scammy ideas about their TCP/IP-based intranets, then the internet is a scam (i.e.: this article is about bitcoin, not about any other altcoin).
1 comments

Bitcoin is a functional and innovative technology. Blockchain scams are all scams. Their claims are nonsensical and they can never define what this new definition of "blockchain" they commandeered off bitcoin is if you ask them. Just ask these snake oil salesmen what a blockchain is and you'll see a look of confusion appear on their face. The media is doing a great job of propagating this scam.