Comment by freedomben

14 days ago

Links to Steve's writeup for Gas Town for those who don't have them yet:

[Medium post]: https://news.ycombinator.com/item?id=46458936

And https://steve-yegge.medium.com/bags-and-the-creator-economy-... where you can read about its author scamming people

  • I don't understand what's "scammy" about a rugpull. What did the "investors" expect? That lolcoin would become a cash flow positive business and disburse dividends?

    • The part where you lie to people and falsely describe it as investing and promise/imply/mention profits.

      Rugpull is a scam by definition, being confused why scam is scammy seems weird.