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Categories: What Bitcoin Did

What Bitcoin Did #72 Truth, Lies and Blockchains with JW Weatherman

Published on February 8th, 2019 by DSholla

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“I think we underestimate how many people are getting paid to be scammers in this space.” — JW Weatherman

Interview location: Skype

Interview date: Sunday 3rd Feb, 2019

What is a scam in crypto? Is it the explicit decision to defraud investors by raising funds for a project you have no intention to build? Does it include projects where the founders make claims to be developing technology which they are not sure they can create? Should it include altcoins which are similar to Bitcoin but have little chance of success?

The term scam is thrown around regularly in the industry. Hardcore Bitcoiners may claim that anything which is not Bitcoin is a scam while others will defend altcoins as part of a free market for money.

In this interview I talk with JW Weatherman about the projects he believes are scams, why it is so prevalent in the crypto industry, and we also talk about his course 10 Hours of Bitcoin, a primer to help onboard newcomers to why Bitcoin is so important.

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