Blows my frickin mind that those two went to Harvard and majored in business. Number one, they basically gave what's probably going to be a trillion dollar idea away for a relatively small settlement, and number 2 they squandered it all on butts. Smfh. Truth is stranger than fiction.
Gawd. It sucks so hard FOR EVERYONE in US that Shrems goldmine concept was brilliant and WORKING [for the most part] when BTC was still a wee baby. Being able to buy btc with simplish online methods or walking into hundreds of thousands of businesses everywhere by hopping on the weird red phone or whatever methods there were. SHIT WAS GENIUS....and then it got all fucked up because of his legal jargon. Seriously, think about it, MANY years later and no one has made it THAT EASY to go near anon. buy some from going to a 7-11 or CVS or similar | You would think the shark tank guys or someone would get that shit in every fucking 7-11 across the globe and reap the 1-12% markup
That was an opportunity that has since passed.
Green Dot shut down Moneypak, PayPal killed it's Cash / load product (at least for paying with cash, anonymously), etc.
But its also much easier to do a P2P trade nowadays, even since LocalBitcoins added KYC,.... Bisq, HodlHodl, and others.
Regardless of how you feel about them it was their bitcoin. If someone came and took something of yours regardless of how much money you have you’d still be pissed and want to at least attempt to get it back.
Oh, wow -- so Charlie Shrem was a major player in the "whales discover bitcoin" event of 2012?
Nathaniel Popper reported that It was Wences Casares who, in a meeting with whales like Andreessen and some Fortress guy, convinced them to invest in bitcoin. But it seems that Wences was one of Nathaniel's main sources; and Wences also claimed to have changed Bill Gates's mind about bitcoin.
(According to Wences himself, he approached Bill Gates at the end of a talk and tried to convince him to invest in bitcoin. Gates would have replied, "sound interesting, give me your phone number and I may call you tomorrow". If that was not enthusiastic adoption, what was it???)
Suppose that you are a billionaire, and therefore people keep approaching you every time you come out in public, trying to convince you to invest in bizarre ideas. Which would be the quickest and most effective way get rid of them: (a) try to show them that their ideas are bullshit (b) say "sorry, I am not interested", or (c) say "that is interesting, give me your phone number and I may call you back tomorrow"?
James Watt (; 30 January 1736 (19 January 1736 OS) – 25 August 1819) was a Scottish inventor, mechanical engineer, and chemist who improved on Thomas Newcomen's 1712 Newcomen steam engine with his Watt steam engine in 1781, which was fundamental to the changes brought by the Industrial Revolution in both his native Great Britain and the rest of the world.
While working as an instrument maker at the University of Glasgow, Watt became interested in the technology of steam engines. He realised that contemporary engine designs wasted a great deal of energy by repeatedly cooling and reheating the cylinder. Watt introduced a design enhancement, the separate condenser, which avoided this waste of energy and radically improved the power, efficiency, and cost-effectiveness of steam engines.
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So many months of watching a stagnant market kept from plummeting solely via transparent manipulation; it's slowly driving them insane. The cracks have grown from cheeky humour [on getting financially fucked] to solemn silence and now infighting. Being a nocoiners; at worst my team loses and I shrug it off and wait for the next year. For a butter; either my future at the very least, worldview is in the hands of the bookies.
People are suing each other over fraud and theft all the time. Nothing specifically exclusive to bitcoin.
Also the Winkelvoss twins seem to be pretty stupid for Harvard grads considering their track record of trusting the wrong people to help them with financial endevours.
> Harvard grads considering their track record of trusting the wrong people
I'm not sure if people go to Harvard to master the skill of reading people. If so then they clearly are stupid. Else your assumption and thereby you are stupid.
Dude. You must be "new" to the bitcoin scene if you don't know Shrem. Welcome to the show! Look into all the characters (roger ver, luke jr, josh garza, andreas anatopoppopoplous, etc). They are all fucking nutballs. ALmost the entire cast of characters at the top of the crypto pyramid are fucking wackjobs or criminals.
Not only that, but, to my knowledge, he was the first humanoid primate to be convicted (in Dec/2014) for the criminal use of bitcoin. (Ross Ulbricht was arrested 2 months before Charlie but was convicted only in Feb/2015.)
>"May 2018 will be the last time we ever see #bitcoin under $10,000"
>Charlie Shrem, 11:31 AM 3-May-2018,