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by Analemma_ 2549 days ago
There's no agenda, just proper reasoning. Think about it in terms of Bayesian probability: it's a cryptocurrency product, and pretty much everything in the crypto space is a scam, so right off the bat when you hear about Brave, before you even know anything your prior probability that it's a scam is 95%. Then they got busted 'keeping the money' and not telling the creators, and the posterior jumps to 99.5%. I know they mostly fixed that, but at that point the trust was gone and it's not worth anyone's time to give a second chance.

It sucks, but at the same time, if you're going to be an honest actor in crypto, you better cross every t and dot every i, because bad actors are everywhere and so smart people just assume bad faith and are arguably correct to do so.

2 comments

If your proper reasoning involves the premise: "it's a cryptocurrency product, and pretty much everything in the crypto space is a scam," you might want to adjust want you call "proper reasoning."
Sure! But one product doesn't adjust it very far. So next time I hear something is a "cryptocurrency product", instead of 95% scam alert I'll be at 93-94% scam alert.
What they had to fix was not "keeping the money", it was a bad UI that implied creators had accounts.