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0 sats \ 3 replies \ @TheBTCManual 29 Mar 2024
I agree with matt, its such a shame, but I guess the amount of money flowing into the space and potential profits for selling random meta data is too good to resist for some, its just really going to be harder to get the average person to see the difference when the actual bitcoin blockchain is involved
Previously the bitcoin not blockchain, and bitcoin not altcoins narrative worked because they were seperate environments and much easier to explain, now getting a normie to understand that even though something is on-chain doesn't make it bitcoin is going to be tough to explain
I am sure with the size of the market now, plenty of newcommers are going to get swept up in these tokens and nfts and lose it all
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0 sats \ 2 replies \ @piecover OP 29 Mar 2024
Bitcoin Magazine at first painted themselves as a Bitcoin media company that host conferences and gained trust in the process but now they are shifting their purpose in promoting scams to defraud their audience, this is the issue here. This has nothing to do with the Bitcoin Blockchain. A company scamming people is not something any body with enough caracter can support imho.
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0 sats \ 1 reply \ @TheBTCManual 29 Mar 2024
Sure Bitcoin mag and the many VCs can scam all they want and trade in their brand and good will for short term profits, what I'm saying is debunking this nonsense becomes a lot more complex for the newbies because you have to learn a fair bit of the history first to understand you're getting fleesed
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0 sats \ 0 replies \ @piecover OP 29 Mar 2024
Again no body is trying to debunk things for newbies here, not that I don't care but from a personel view standpoint, I can no longer use any services these scammers provide, if they can scam others they can scam anyone
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