Quote:
Originally Posted by WCGRider
What have I done here where I have turned out to be a scumbag? I have resigned from this company and stand to make less than $0 from my deal I signed with them. I own none of this company, I dont understand how you can come to this conclusion.
Scumbag is an ad hominem. But I do see an issue here.
What happens when a project is created and approaches someone like polk to say 'if you lend your name, you will have any of the benefits and be absolved from any of the negative possibilities". This would be akin to a poker celebrity not making a living off of playing poker but rather by advertising breakeven or worse games as paying out to the skill players.
Crypto and the trading platforms were created from extending and copying the solutions that comprised to birth bitcoin. There are very knowledgeable experts that create and maintain this technology. In general, and almost in perfect unison, they believe that projects such as the one that doug supported here are scams.
That doesn't mean they are, but all of the technical experts believe that they are (as do pretty much every mainstream economist that evaluates the claims of these projects).
Regardless the community needs to decide what to do with claims of ignorance. In this case, who was Doug meaning to lend his reputation to in order to later cash out and gain versus?
There is no social protection against any of the poker celebrities joining actual scams and then claiming they didn't know (when outside of this community and in the technical community of crypto and bitcoin its well known that these projects are scam and run by scammers).
If we need to get actual well known experts from crypto and bitcoin we can do that.
But right now this is an exploit for scammers and different projects have been sucking value out of this and the great poker community since bitcoin was released.
Doug if you would have asked me, I would have convinced you its a scam and that it will eventually be tied to bring down your rep. I have a huge history, rep, and resume in this regard. I wrote the book on the subject of the effects and evolution of crypto currencies with regard to poker.