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How is this legal to sell in the US? by [deleted] in gamecollecting

[–]ShotBot 0 points1 point  (0 children)

Disclosure: Not a lawyer.

I assume the seller is from China. In China, copyright law is nonexistent. So they will not face penalties for selling it to you.

It's not criminal to receive it as a customer in the US, but technically a copyright holder could be petty enough to take you to civil court. In my opinion, they would likely lose this theoretical civil suit.

However, if you do resell it in the US after obtaining you will likely be subject to civil and possibly criminal charges that, in my opinion, would be held up by the courts. (Although, 99.999% of the time you will never be sued.)

AMA: We are CoinGecko - a leading cryptocurrency data aggregator. Ask us anything! by coingecko in CryptoCurrency

[–]ShotBot 3 points4 points  (0 children)

So reading CoinGecko's crunchbase profile, it shows that CoinGecko is not only a crypto data aggregator, but also a venture capital/hedgefund that invests in many different projects and crypto companies.

Don't you think it's a conflict of interest? Has CoinGecko ever taken a stake in a project or company before it gets listed on the website?

Who would you consider crypto's biggest scammer of the year 2022? by ShotBot in CryptoCurrency

[–]ShotBot[S] 1 point2 points  (0 children)

So I defined scammer as someone who meets at least one of the following criteria:

  • Created/endorsed a product with false claims
  • Failed to disclose conflicts of interests or critical information in a scheme you created/endorsed
  • Failed to hold their end of a bargain on an agreement they held with someone else
  • Created a financial scheme that was unsustainable and did harm to investors
  • Dumped on investors in private, while they were publicly telling people to buy

Mike Novogratz meets criteria in the 5th bulletin point.

Mike Novogratz runs a hedgefund called Galaxy Digital and was an angel investor in Terraform Labs. Novogratz was publicly shilling Luna up to the moment it collapsed. He went on CNBC, Bloomberg, and even had two speaking slots at Bitcoin Miami where he shilled it.

Well, you would think the collapse of Luna would harm Galaxy, right? Nope. Galaxy Digital assured investors in a letter that they exited out their USD and LUNA holdings in the weeks before the collapse and were unaffected. Meaning when Novogratz was going on TV and shilling it at crypto conventions, he secretly was selling you his bags simultaneously.

Who would you consider crypto's biggest scammer of the year 2022? by ShotBot in CryptoCurrency

[–]ShotBot[S] 0 points1 point  (0 children)

So I defined scammer as someone who meets at least one of the following criteria:

  • Created/endorsed a product with false claims
  • Failed to disclose conflicts of interests or critical information in a scheme you created/endorsed
  • Failed to hold their end of a bargain on an agreement they held with someone else
  • Created a financial scheme that was unsustainable and did harm to investors
  • Dumped on investors in private, while they were publicly telling people to buy

Roger Ver meets the criteria of the second and third bulletin points.

Roger Ver was an angel investor, and part owner of CoinFLEX exchange. He also traded on the platform he owned, but when he ran out of his own money, he used the customer's money When he ran out of customer's money, the exchange took out loans to pay for his position which eventually bankrupted the exchange.

He owes CoinFLEX (and all the customers) 47 million dollars in total. Roger is actually is a wealthy man who likely is able pay off the debt but refuses. He disowns the debt is even his, and says he never intends to pay it. In the end, it was the customers who paid for his bad trades.

Who would you consider crypto's biggest scammer of the year 2022? by ShotBot in CryptoCurrency

[–]ShotBot[S] 3 points4 points  (0 children)

I call him scammer with confidence because he's essentially marketing a financial product with false claims:

  1. I'm Satoshi Nakamoto
  2. I, Satoshi Nakamoto, declare this shitcoin to be the real bitcoin
  3. If you call me a liar or ask me to provide evidence, I will sue you

Who would you consider crypto's biggest scammer of the year 2022? by ShotBot in CryptoCurrency

[–]ShotBot[S] 0 points1 point  (0 children)

Yeah "scam" is one of those words where it's hard to define.

If I make a shitcoin, premine all the coins and dump it on the public is that a scam? Many would say yes, but that would mean pretty much every cryptocurrency creator besides Satoshi is a scammer. Many people hold that belief that all of these crypto founders are scammers. But in my view, they are 100% grifters for sure, but whether or not they scammed depends on how they marketed it to the public and whether they made disclosures.

With Do Kwon specifically, I call him a scammer with confidence. You can find him making many false statements about what his company does and what they would do with the bitcoin they purchased. There is also evidence that he was running for the exit days before it collapsed while on twitter he was proudly confident that the peg would always hold.

Who would you consider crypto's biggest scammer of the year 2022? by ShotBot in CryptoCurrency

[–]ShotBot[S] 1 point2 points  (0 children)

There were so many scammers this year so he kinda got a free pass for what he did.

But Roger's 2022 scam was pretty bad. He single handedly rugged all of the customers on CoinFLEX exchange. If Do Kwon and Mashinksy weren't taking up the spotlight, the angry mob would be more focused on Ver.

What’s the most underrated line in the series? by Acceptable_Secret_73 in OnePiece

[–]ShotBot -2 points-1 points  (0 children)

I honestly don't think that One Piece english sub had too many great zingers.

Much of artistic creativity in the original dialogue is missed on us because we don't speak Japanese. The puns, the jokes, the cultural references all get lost in a generic English translation.

Think of like a Japanese person reading a Japanese translation of Dr. Suess. All of the original artistic meaning would be gone in translation.