Worked in crypto and I got that vibe so left. Regret it. For every SBF there are hundreds who get away with it. Tons of talentless crypto millionaires still roaming free. Look at the Axie Infinite guys plundering a whole country. Token could collapse, but there’ll be no justice and they’re sitting on at least 8 figures individually
Lots of comments below criticising this post for "regretting not being a fraud" or some such. Be charitable... the sentence parses just fine as "I regret having worked in crypto".
> Reminds me of working for MCI-Worldcom. When you think you’re working for crooks, you probably are. Run away.
>> Worked in crypto and I got that vibe so left. Regret it. For every SBF there are hundreds who get away with it. Tons of talentless crypto millionaires still roaming free. Look at the Axie Infinite guys plundering a whole country. Token could collapse, but there’ll be no justice and they’re sitting on at least 8 figures individually
my understanding of this comment:
They worked in crypto, got the feeling they may have been working for crooks, so left and regret being part of it at all. They are upset that many scammers who made millions are still walking around and will face no justice.
vs what I think is a total misreading:
> Wait. Do you regret leaving? Because the fraud works out for some?
There are loads of people who successfully made millions and won't face justice, and they regret leaving before making similar money.
That is a weak justification, commonly used by criminals. A liar might say, 'everyone lies'; honest people don't say it. Unless we are engaging in a very philsophical discussion (possible on HN), we don't need to explain the problem in detail.
It's not a "justification" of anything, just a question for someone who blames other people industry as fraud. Just curious about way of thinking, nothing else.
And everyone lies indeed, those who deny it are either delusional or liars. It's human nature.
I didn’t blame an industry as fraud. GP was describing a specific fraud that occurred in an industry. Not the same. I’m sure there are legitimate crypto businesses.
Profiting by deception is why marketing even exists tbh. Nobody's plastering ads that outline products in factual unbiased way, it's all just a hair above what the law defines as actual fraud. Except one every so often that deliberately breaks the convention and is often even more likely to be deceptive by fooling people into thinking it's honest.
