/biz/ - Business & Finance

>>25973939
for me it's XRP's continual coin offering scam

>>25973939
For me, it's Tether.

QASH and Confido

>>25974093
Not really a scam imo, it's just a shit token and a non decentralized blockchain.

>>25974145
Tether is NOT a scam
pic related

>>25974145
Comfydo.

>>25973939
EOS by far newfags wont understand this
>2 years long ico
>wash trading eth from ico to pumo up eos price
>deliver 21 cardel driven database
>move on on next project
Fucking epic
Runner up is ADA because charles "blockchain 3.0 peer reviewed" hussle he sells to normies on plebit every fucking day in amas thing of beauty, but its not really scam at least not yet....

>>25973939
RLC

>>25974693
EOS was a legitimate project in the beginning. It had good block producers who actually cared about the community and it worked well. I made a lot of money on EOS, both investing and from dapps. But at some point it did turn into a scam, and now we recently found out that Block.one just converted all their investor's money to BTC and have been sitting on like $10 billion worth of BTC for the past 3 years instead of funding development or delivering on any of their promises.

I sold a year ago after Voice came out and it became clear to me that these fools were just milking people. Dan and Brendan are scammers who belong behind bars.

>>25974693
I went to check out the EOS reddit after the Dan rug, and it's fucking packed with ADA shills trying to hoover up the disillusioned EOS people kek. Incredibly funny when people who don't really know how blockchains work try to sound smart by puking up technical terms.

>>25974851
Negative. I know the founders personally and they are frat bro-y scumbags who saw the opportunity to make a quick buck and took it. Never cared about making a useful product. Not friends with them, have worked w/ them and been in social situations where they get drunk and have no issues admitting this to certain people.

>>25975022
Are you the guy that told the story of them bullying a monero dev kek

>>25973939
Pirate.

>>25974851
>trades all decentralisation for tps doing "21 node is more than btc and eth meme"
>marketing allin on tps
>turns out cartels run the show, oh noes
>but hey good idea and legitimate project
I predict it will happen to every other project playing on "l1 blockchain governance card" btw no matter how much nodes they have
>>25974904
Yup
Every normie is ada shill now since eos and xrp are out of the game for good prob
Go to ada plebit and ask any really legitimate questions, literally any (utxo/why?,security paid by inflation/how is it sustainable? and so on) you get mobbed as fuder, "not not trusting charles" and so on

>>25975022
That doesn't sound like Dan at all. He's legitimately a smart person.

>>25975475
Trust the charles. WWG1WGA

reminder that eos even got roasted by current year man
https://youtu.be/g6iDZspbRMg?t=1129

>>25975528
I just learned today Brock Pierce is a pedo.
https://en.wikipedia.org/wiki/Brock_Pierce#Child_sexual_abuse_allegations

>>25975475
DPoS can work with a better governance system that punishes collusion and vote buying. The problem with EOS was that its structure was flawed from the start, which allowed bad actors to gain power, and said bad actors will then never allow the system to be fixed because they would lose their power.

>>25975528
That was my buy signal. Went all-in and it did a 5x after that aired which is where I made most of my crypto stack.

>>25973939
XRP
Except it cant be called a crypto scam

Because it's not a crypto

wtf is wrong with Dan Larimer? How can a man with objectively high intelligence, with new and original ideas, a crypto OG go on abandoning one project after another?

>>25975958
>new and original ideas
The EOS idea is literally just to abandon decentralization in favour of TPS. They have a "rule" that block producers can't collude and that exchanges can't vote that is completely unenforceable in-protocol and relies on social consensus. It was always an absolute shit.

>>25973939
for me its XRP