20
submitted 8 months ago* (last edited 7 months ago) by ThatOneKirbyMain2568@kbin.social to c/RedditMigration@kbin.social

This time on Reasons Why Crypto Based on Reddit Karma Blockchain Points Is Dumb: potential fraud!

top 4 comments
sorted by: hot top controversial new old
[-] xep@lemmy.dbzer0.com 9 points 8 months ago

Obvious by now that scamming gullible people is the only use case for crypto.

[-] HubertManne@kbin.social 3 points 8 months ago

whats sad is it does not need to be. gridcoin has a steady value based on the grid computing it provides (outside of a brief spike when idiots where buying anything labled as crypto). As far as I know its the only example where the value has any meaning.

[-] RheingoldRiver@kbin.social 4 points 8 months ago

Huh? Didn't they start this like last month? Or is this not the "get money from your contributions" thing?

[-] ThatOneKirbyMain2568@kbin.social 3 points 8 months ago

No, this is a different thing that was around for over a year but that a lot of people weren't aware of until recently. Iirc, they were these karma-based blockchain points that a subreddit could have. Don't remember much of the details

this post was submitted on 20 Oct 2023
20 points (100.0% liked)

Reddit Migration

22 readers
2 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago