• KnilAdlez [none/use name]@hexbear.net
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    10 months ago

    Okay… honestly, what’s to stop me from making the ‘fyre fest’ of crypto? Like like make a fake festival and act like it’s huge, and sell booths to these people. Then just work out the venue after I have their money?

    • ourob@discuss.tchncs.de
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      10 months ago

      Well, your fyre fest won’t have the name recognition that burning man does, so that alone probably won’t be enough to strike gold. You’ll need another hook.

      Like, you’ll want to announce the world’s first AI-powered blockchain festival that will kickoff an entirely new industry of scam festivals. That should bring in the money.

    • zifnab25 [he/him, any]@hexbear.net
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      10 months ago

      what’s to stop me from making the ‘fyre fest’ of crypto?

      Getting attention over the thousands of grifters and hacks running the exact same scam in every media market that will have them.