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Comment by citizenpaul

1 year ago

Anyone defending these crypto scammers is the sucker they are looking for.

I instantly disliked them from their announcement. Huge crypto bro scam energy. Even that aside I decided to give them a chance and look at their product. Oh its just a combined fork of two other products. Well even so I gave it a chance and installed it. Maybe they are just marketing? The product is incredibility underwhelming, just another bland AI "Me too" clone product.

Then I see that they actually are crypto bros from coinbase....They have been drinking from the kool-aid mines of crypto too long their compass is gone. This is just them trying to shamelessly "value extract" one of the last bastions of real production. What creeps.

Plus all the other drama they have been involved in ... They are the exact antithesis of the startup world. Poison in the well. I hope they fail because they deserve it and this community deserves better than being exploited.

I don't know about outright crypto scamming (unless you consider working for coinbase to be crypto scamming), but I got the impression they're just trend chasers more than anything. They're into a branch of "software dev" youtube that has grossed me out for a while, where it's just promoting software development as an aesthetic. They relentlessly force buzzwords like "startup," "software engineer," "quit my job," and giant salary numbers into video titles and thumbnails. They do "day in the life of a software engineer" video that's usually just showing off the cushy lifestlye, and explaining something like a gRPC call in a way that makes it sound way more complicated than it is. I scrolled the guy's YouTube channel and seemingly he quits 6-figure jobs every few months if his video titles are telling the truth.

His original tweet was using the exact same tactics as his video titling with bold words shouting "I QUIT MY $270,000/YEAR JOB AT TRENDY TECH COMPANY" that I think a lot of people outside of aspiring first-year CS students aren't falling for after we've been exposed to so much BS grifting out of silicon valley the past decade+.

  • >unless you consider working for coinbase to be crypto scamming

    I do. I don't believe anyone working in the crypto industry is anything other than a sociopath or incredibly naive. They clearly are not naive since they are pumping their own product with deliberate and IMO false intent. How many times do we have to watch bad actors with their hands in the cookie jar before its a pattern?

    >so much BS grifting out of silicon valley the past decade

    Yet here they are still getting money. The real downer is that every one of these people are draining limited money that could have gone to someone genuinely trying to do something.