Bonum Certa Men Certa

[Meme] Microsoft's Scam Altman, Bigger Scammer Than 'Crypto' 'Currency' 'Exchanges'

posted by Roy Schestowitz on Jan 09, 2025

More pollution, too

Context: There is No Such Thing as 'Cryptocurrency' and Please Stop Referring to It as Cryptocurrency

The Office pyramid scheme: Daddy Microsoft will 'invest' 10 billion for 10%, the company is now 'worth' 100 billion; Wall Street Journal reprinted my claim of looking to raise 7 trillion so 'open'AI must be worth 70 trillion soon

PYRAMID schemes rely on near-quadratic growth. Something like this:

The price of bitcoin has soared to record ids

Would you trust something that's said to have risen in "value" from 1 to 100,000 In just over a decade? What is the "worth" derived from? Speculation?

With "hey hi" (AI) we've been seeing a lot of the same. Longtime Machine Learning researchers mock this because they know it's nothing new and they say that it's just some stupid bubble.

How long before the collapse? The collapse is inevitable, it's just a question of when and how quickly. The wife of Jim Zemlin (Linux Foundation) made a lot of money from her own pyramid scheme. Those "Exchanges" have already robbed lots of people, announcing to them that their "savings" exist no longer. They managed to do this to a friend of mine who's a professor, so they can clearly con some smart people too.

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