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RE: Case for Decentralization and why Hive matters? | Showcase Sunday

What you said about scammers using decentralized as a marketing tool got me thinking about one I witnessed on Discord. Basically they set up a masternode / pos coin, with the use case of having an exchange purely via discord for various currencies. When someone pointed out that they could do it, and yet have it be trustless, they abandoned the whole thing and disappeared within months. They already had a listing, and presumably more lined up!

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Unfortunately, there is no shortage of scammers in cryptospace.

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Exactly... My friend and I were in the room despite feeling something was off, and tried in private to help get other friends away from it. Sadly some believed in it, because of the solid usecase - which was being developed, until they got called out about the necessity of having access to the funds. Much better that they pulled out before people really started using the exchange. Last I heard, some new group inherited the blockchain. Hopefully they did something for the investors.