At the time of the announcement, the moderators of most of the subreddits involved with the community points program claimed to be unaware of the decision.
That’s not true, Satoshi Nakamoto was certainly not a scammer. The coins he mined must be worth millions by now. But instead of selling them, he disappeared long before Bitcoin gained actual popularity.
I’m not sure what kind of negligence would have lead them to build - hey wait a minute, wasn’t Nakamoto being the creator of Bitcoin an op? Like I’m pretty sure that guy was a grifter who wanted to take credit for it so claimed to be its creator and only reason he fucked off with his alleged bitcoin fortune is because he never actually had it. Correct me if i’m wrong. EDIT: Looked into it, I was mistaken. Nakamoto was the pseudonym used by bitcoin’s developer. The fraud I was referring to must have used that name for their grift.
Anyway, I’m not sure what kind of negligence would have lead them to build “no refunds” into the system. It does seem like a pretty odd and deliberate choice for someone supposedly creating a system in good faith. Like that one feature is the lynchpin of every single one of these scams so I have a really hard time believing it wasn’t put there on purpose. It’s really hard to prove intent, especially when we don’t even know who the person is but that always comes across as a huge red flag.
You’re thinking of Craig Wright who claimed to be Satoshi. That was obviously false, he couldn’t prove control of any address that belongs to Satoshi. The real Satoshi disappeared long ago.
No refunds is not due to negligence, it’s a consequence of the way blockchains work. Unfortunately refunds are very hard to implement so they are still not possible on any crypto project that I’m aware of.
That’s not true, Satoshi Nakamoto was certainly not a scammer. The coins he mined must be worth millions by now. But instead of selling them, he disappeared long before Bitcoin gained actual popularity.
I’m not sure what kind of negligence would have lead them to build - hey wait a minute, wasn’t Nakamoto being the creator of Bitcoin an op? Like I’m pretty sure that guy was a grifter who wanted to take credit for it so claimed to be its creator and only reason he fucked off with his alleged bitcoin fortune is because he never actually had it. Correct me if i’m wrong. EDIT: Looked into it, I was mistaken. Nakamoto was the pseudonym used by bitcoin’s developer. The fraud I was referring to must have used that name for their grift.
Anyway, I’m not sure what kind of negligence would have lead them to build “no refunds” into the system. It does seem like a pretty odd and deliberate choice for someone supposedly creating a system in good faith. Like that one feature is the lynchpin of every single one of these scams so I have a really hard time believing it wasn’t put there on purpose. It’s really hard to prove intent, especially when we don’t even know who the person is but that always comes across as a huge red flag.
You’re thinking of Craig Wright who claimed to be Satoshi. That was obviously false, he couldn’t prove control of any address that belongs to Satoshi. The real Satoshi disappeared long ago.
No refunds is not due to negligence, it’s a consequence of the way blockchains work. Unfortunately refunds are very hard to implement so they are still not possible on any crypto project that I’m aware of.