Diginomics Corporation - probable scam

[Vod]

I leave this here instead of scam accusations because trust is not shown in this section and the thread is self moderated.

I am referring to this topic.

The OP is asking for $295 right now for his "concept" SIM card wallet.   And $25 right now for a chapter list of his new book.

I asked a question about the technical wording - then I re-read the article and realized stupidly that if it was a mobile SIM card it would obviously use the phone's network to communicate.  I went back to edit my question and found he had already replied with more generic BS.

5G would be of consideration although some of the details about this layer as well are still being released as well.

This new, forked chain allows the user to not only communicate through a secure IPv6 protocol (not connected to the www “World Wide Web”)...

I use a new type of gasoline so I don't have to worry about highway traffic?   The author has no technical knowledge.

So I looked at his profile and he just came back after six months, pushing himself as a bitcoin expert.

[Joel_Jantsen]

I'd be Interested to hear OP's comments on my following questions

The Bitcoin Chip is a full blockchain node running on a mobile SIM card which allows the user to store, receive, and authorize bitcoin payments.

Running a full node requires a good amount of storage whereas SIM cards provide only up to a few kb's (128 max I reckon). Are they going to invent their own SIM cards? Which potentially means the network connectivity would require their own telecommunication tower? 

Simply put, how are they planning to get internet for their network when their SIM cards are nothing like ever done before?

The private key of the user is stored on this mobile storage device while allowing secure network connectivity through IPv6 communication protocol enabled by a hard fork of the original bitcoin ledger. This new, forked chain allows the user to not only communicate through a secure IPv6 protocol (not connected to the www “World Wide Web”) but acts through a virtual private network.

Don't think they understand one doesn't need the World Wide Web for secure communications...Anyway, what would be a definition of a transaction on this "virtual private network"?

[Insanerman]

I'd be Interested to hear OP's comments on my following questions

The Bitcoin Chip is a full blockchain node running on a mobile SIM card which allows the user to store, receive, and authorize bitcoin payments.

Running a full node requires a good amount of storage whereas SIM cards provide only up to a few kb's (128 max I reckon). Are they going to invent their own SIM cards? Which potentially means the network connectivity would require their own telecommunication tower? 

Indeed. SIM cards can only hold up with less than an MB in which as of now, SIM cards are modules that connects to radio frequency through telecommunication towers. Even 4G/5G SIM cards which have improving speed still typically relies on towers hence. As of now, there are still no researches about a SIM card being capable of having an internet connection without being connected to a cellular tower, and would even be impossible (not unless the people would believe that Nikola Tesla would be back from the dead and make an invention where internet can be accessed in  thin air lol)

[Paleus]

It's a product concept for a mobile bitcoin hardware wallet - nothing more at this point. There are other similar projects on the market currently which use SIM cards in one way or another. See: http://www.fuzo.com/

Of course there will be many adjustments and alterations from now until a final end-product, but as of now it is simply a product concept seeking feedback on. No scams involved.

[Paleus]

Also, the book is available to the community free of charge with the coupon 'bitcointalk'. Otherwise people can pay the $25 for a copy.

[Vod]

There are other similar projects on the market currently which use SIM cards in one way or another. See: http://www.fuzo.com/

You cannot use a SIM card to store large amounts of data like that.   If you mean a SD card, it's just another example you have no clue about technology.

Of course there will be many adjustments and alterations from now until a final end-product, but as of now it is simply a product concept seeking feedback on. No scams involved.

You have a working merchant account asking for $250 in non-reversible currency.

[Paleus]

There are other similar projects on the market currently which use SIM cards in one way or another. See: http://www.fuzo.com/

You cannot use a SIM card to store large amounts of data like that.   If you mean a SD card, it's just another example you have no clue about technology.

Of course there will be many adjustments and alterations from now until a final end-product, but as of now it is simply a product concept seeking feedback on. No scams involved.

You have a working merchant account asking for $250 in non-reversible currency.

The merchant portal is not currently taking orders or payment.

[Vod]

The merchant portal is not currently taking orders or payment.

You silently removed the items I mentioned, but you are still selling other garbage, like subscriptions to your newsletter for $20/month.   

Don't play with real money in your fake corporation on this site. 

[Paleus]

The merchant portal is not currently taking orders or payment.

You silently removed the items I mentioned, but you are still selling other garbage, like subscriptions to your newsletter for $20/month.   

Don't play with real money in your fake corporation on this site. 

Just because you might not appreciate a subscription service doesn't mean others won't nor does it mean our business is a "probable scam".

CASE CLOSED

[Vod]

Just because you might not appreciate a subscription service doesn't mean others won't nor does it mean our business is a "probable scam".

CASE CLOSED

OK.

Let me open a new case - you have no idea what you are even talking about.

[OgNasty]

The OP is asking for $295 right now for his "concept" SIM card wallet.   And $25 right now for a chapter list of his new book.

Vod is asking for 1.8 BTC in an even bigger scam.  I think maybe he should stop scamming himself if he's going to point fingers at others.

See details on Vod's scam here: https://bitcointalk.org/index.php?topic=5232165.0

[Vod]

The OP is asking for $295 right now for his "concept" SIM card wallet.   And $25 right now for a chapter list of his new book.

Vod is asking for 1.8 BTC in an even bigger scam.  I think maybe he should stop scamming himself if he's going to point fingers at others.

See details on Vod's scam here: https://bitcointalk.org/index.php?topic=5232165.0

Bumping for exposure.    The OP scam is no where as big as OG's 99% loss on thousands of bitcoin - see my signature.