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    Cory Doctorow (pluralistic@mamot.fr)'s status on Friday, 10-Mar-2023 15:20:04 JSTCory DoctorowCory Doctorow
    in reply to

    The most remarkable thing about this *incredibly* stupid story is that LBCC wasn't the peak of blockchain's bubble - rather, it was the *start* of blockchain's final pump-and-dump. By the standards of 2022's blockchain grifters, LBCC was small potatoes, a mere $138m sugar-water grift.

    They didn't have any #NFTs, no #WashTrades, no #ICO. They didn't have #SuperbowlAds. They didn't steal billions from mom-and-pop investors while proclaiming themselves to be #EffectiveAltruists.

    4/

    In conversationFriday, 10-Mar-2023 15:20:04 JST from mamot.frpermalink
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