this post was submitted on 09 May 2025
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We have reached the “severed fingers and abductions” stage of the crypto revolution - Ars Technica (arstechnica.com)
submitted 1 day ago by tinosaurier@feddit.org to c/technology@lemmy.world
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[–] Metz@lemmy.world 48 points 1 day ago (1 children)

That some messed up US thing i never understood. Here in germany you are anonymous by default when you win. at most it is published from what state the winner was.

That someone's name and even address is published is so completely unimaginably absurd to me. makes no sense whatsoever.

[–] Fredthefishlord@lemmy.blahaj.zone 7 points 1 day ago (1 children)

There's actually extremely strong logic behind publishing the winner. It's a whole hell of a lot harder to rig when your name is everywhere when you win.

[–] CeeBee_Eh@lemmy.world 14 points 1 day ago (1 children)

It's a whole hell of a lot harder to rig when your name is everywhere when you win.

This also sounds like a uniquely US problem. Not that there aren't scammers everywhere, but it feels like it would be more prevalent in the US.

[–] Fredthefishlord@lemmy.blahaj.zone -5 points 1 day ago (1 children)

.... That's an absolute wild and hella nationalistic take. There's nothing even slightly uniquely Americans about embezzlement and theft-- Europe has been doing that for thousands of years before America even existed

[–] CeeBee_Eh@lemmy.world 14 points 1 day ago (2 children)

I did acknowledge that it's not exclusive to the US. And I didn't say "it is", I said "it feels like".

FTX, Theranos, Fyre Festival, Enron, Bernie Madoff, Logan Paul's CrytoZoo, Charles Ponzi (the OG Ponzi scammer), etc.

While scams exist everywhere, the US seems specially suited to embolden people to run scams. At least high profile ones.

[–] Daggity@lemm.ee 4 points 13 hours ago

The charismatic snake oil salesman is an American icon.

[–] ArchmageAzor@lemmy.world 4 points 13 hours ago

I mean, the entire US government is currently being used for scamming.