Gerald Davis aka DeathAndTaxes of BitSimple and Tangible Cryptography

[ruggedman_dan]

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.

[1715482955]

1715482955

[1715482955]

1715482955

[molecular]

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 ?

[bargainhuntress]

$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]

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.

[...] and I do kiss investments goodbye, just so you know.

Smart, when 'investing' in bitcoin 'business.'