The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations
Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.
Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.
Removed by mod
You’re actually seriously pulling the “internet was new once” card.
That’s fucking cringe, even among cryptocurrency communities at this point.
Capitalists so intentionally destroyed the image of a rent-seeking scheme. They didn’t just fuck up by being credulous and gullible by believing people like you and buying in.
so was the south sea bubble
My favorite retort to that one is “They laughed at the Wright brothers, but they also laughed at Bozo the Clown”.
Or for this example, yeah, the internet was new at one point. The Juicero was also new at one point.
That’s perfect. I can also say that Theranos was new once.