>create disruptive blockchain tech
>create coin linked to it
>present innovative, potentially huge application on conferences/symposiums
>investor money flows in
>coin value rises
>speculators join in
>traders join in
>coin in growth becomes major volume coin
>bubble as fuck
>developers think 'holy shit if we ship our application and it doesn't deliver, the bubble will pop'
>ceo goes 'alright guys, we're gonna go full jew and just run adult daycare center with nice salaries while we scale our business, forget about ever shipping'
>coin keeps growing, seams are starting to burst
>hype and pump and invest money into shilling agencies
>sell all company owned coins at absolute market value peak
>company declares bankruptcy
>ceo is now a billionaire, employees millionaires or close
how many people are actually doing this? and how do i make my own coin?
This blog is intended to [ARCHIVE] for all eternity. To also be used to report and reintroduce the idea of keeping the record available to as many people as possible. Comments that were "of the time".
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