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Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography
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Topic: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography (Read 4465 times)
ruggedman_dan
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Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
Re: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography
December 20, 2015, 12:02:28 PM
#21
Quote from: Hippie Tech on December 20, 2015, 11:30:18 AM
Quote from: molecular on December 20, 2015, 10:22:50 AM
Quote from: ruggedman_dan on December 19, 2015, 07:47:29 PM
Quote from: molecular on December 19, 2015, 04:04:14 PM
This is disheartening.
I guess trust just doesn't work online. We'll have to find better technological solutions and use them.
Trust over internet doesn't work really well . . . the problem is the human.
I agree.
We never should've let the humans onto the internet.
Destroy all keyboards, screens and other HIDs. In fact, let's all just...
Code:
#> cd /usr/src/linux
#> rm -rf drivers/hid
#> make && make modules_install && make install && reboot
You have displeased the Cryptofiat gods !
-500
points !
Sesame Credit: China's Creepy New Social Engineering Experiment
https://youtu.be/kcEUVDe38Ec
If we do not abandon cryptos, as they are now, humanity is doomed to be eternally enslaved. Or at least until the power gets cut off.
What will you do when your government offers you their "safe" alternative ?
I'll refuse their safe alternative.
molecular
Donator
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Activity: 2772
Merit: 1019
Re: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography
December 20, 2015, 12:48:03 PM
#22
Quote from: Hippie Tech on December 20, 2015, 11:30:18 AM
Quote from: molecular on December 20, 2015, 10:22:50 AM
Quote from: ruggedman_dan on December 19, 2015, 07:47:29 PM
Quote from: molecular on December 19, 2015, 04:04:14 PM
This is disheartening.
I guess trust just doesn't work online. We'll have to find better technological solutions and use them.
Trust over internet doesn't work really well . . . the problem is the human.
I agree.
We never should've let the humans onto the internet.
Destroy all keyboards, screens and other HIDs. In fact, let's all just...
Code:
#> cd /usr/src/linux
#> rm -rf drivers/hid
#> make && make modules_install && make install && reboot
You have displeased the Cryptofiat gods !
-500
points !
Sesame Credit: China's Creepy New Social Engineering Experiment
https://youtu.be/kcEUVDe38Ec
If we do not abandon cryptos, as they are now, humanity is doomed to be eternally enslaved. Or at least until the power gets cut off.
What will you do when your government offers you their "safe" alternative ?
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
bargainhuntress
Newbie
Offline
Activity: 2
Merit: 0
Re: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography
December 20, 2015, 02:26:33 PM
#23
Quote from: jonald_fyookball on October 16, 2015, 04:54:05 PM
Quote from: Fortify on October 16, 2015, 04:29:59 PM
$600k? Did he promise you a formula to turn mud into gold or something? Hindsight is not going to help now but greed of the investors played a big part. Either you are incredibly wealthy and hundreds of thousands of dollars is a drop in the bucket or you gambled a huge sum on a roll of the dice. This doesn't absolve Gerald of all the guilt but why, after other high level members have pulled similar scale scams, does anyone trust a stranger over the internet? I understand you feel company shares were a tangible asset, but a phenomenal amount of companies go under each year so it really means very little.
I don't want to rub salt in the wound, just don't understand how he duped such huge sums from a few people. 16,000 posts? That's just bits in a database.
There's no evidence he was "guilty" of anything except poor communication.
His company failed to make a profit and was dissolved. End of story unless there's something I'm missing here.
Technically, each and every "business" is not '"guilty" of anything except poor communication.' Ukyo, Cryptocyprus, TradeFortress...
bargainhuntress
Newbie
Offline
Activity: 2
Merit: 0
⇾
Re: Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography
December 21, 2015, 12:39:26 PM
#24
Quote from: vapourminer on December 20, 2015, 05:47:50 PM
typically 50% or so of small bushiness fail.. look it up
When businesses 'fail' and 'stop communicating' (AKA KTHXBAI)? There's a name for that.
Small businesses are not funded via public offerings, because laws. Largely due to shit like this.
Quote
[...] and I do kiss investments goodbye, just so you know.
Smart, when 'investing' in bitcoin 'business.'
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