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	<title>Comments on: Idiocy without borders / Idiots sans frontieres</title>
	<atom:link href="http://trilema.com/2014/idiocy-without-borders-idiots-sans-frontieres/feed/" rel="self" type="application/rss+xml" />
	<link>http://trilema.com/2014/idiocy-without-borders-idiots-sans-frontieres/</link>
	<description>Moving targets for a fast crowd.</description>
	<pubDate>Mon, 25 May 2026 02:42:32 +0000</pubDate>
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		<title>By: Mircea Popescu</title>
		<link>http://trilema.com/2014/idiocy-without-borders-idiots-sans-frontieres/#comment-99489</link>
		<dc:creator>Mircea Popescu</dc:creator>
		<pubDate>Fri, 02 May 2014 12:15:19 +0000</pubDate>
		<guid isPermaLink="false">http://trilema.com/?p=54261#comment-99489</guid>
		<description>Lol. As Mr. Vulpes aptly put it, "Compounding, but in the wrong direction".

Since we're doing "if he held a bit" : 16.85 BTC could have been 20k usd, had the bit be long enough. 

The children of today, all ages : too stupid to have the mental structures ready that'd allow them a time horizon wider than two weeks. Consequently incapable to plan, and then to execute.</description>
		<content:encoded><![CDATA[<p>Lol. As Mr. Vulpes aptly put it, "Compounding, but in the wrong direction".</p>
<p>Since we're doing "if he held a bit" : 16.85 BTC could have been 20k usd, had the bit be long enough. </p>
<p>The children of today, all ages : too stupid to have the mental structures ready that'd allow them a time horizon wider than two weeks. Consequently incapable to plan, and then to execute.</p>
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		<title>By: fluffypony</title>
		<link>http://trilema.com/2014/idiocy-without-borders-idiots-sans-frontieres/#comment-99482</link>
		<dc:creator>fluffypony</dc:creator>
		<pubDate>Fri, 02 May 2014 07:30:30 +0000</pubDate>
		<guid isPermaLink="false">http://trilema.com/?p=54261#comment-99482</guid>
		<description>But wait - THERE'S MORE! Why get scammed by Bitcoin "investments" OR get scammed by Kickstarter "projects" when you can get scammed by both TOGETHER?

Take this amazing project, for instance: https://bitcoinstarter.com/projects/104

He raised 16.58 BTC (~$1500 at the time, $7500 if he held for a bit) to develop an Android Electrum client. He even had TIMELINES:

2013-08-11 - full schedule ready (including stretch goals)
2013-08-18 - UI sketches complete
2013-08-25 - System design ready
2013-09-01 - Backend supporting Java library ready (full SPV may not be available yet)
2013-09-15 - Alpha client
2013-10-20 - Beta client
2013-11-17 - Release candidate client

And yet here we are on 2014-05-02 with nothing of any worth from him (and in the meantime the Android client using Kivy is nearly ready for launch: https://github.com/akshayaurora/electrum/tree/kivy - and they didn't look for funds). But don't worry...he has a blog post where he apologises "for the absurdly long delay in updating everyone on what is going on" and apologises for his "disappearance with no response". Awesome stuff: http://e4a-ne.blogspot.com</description>
		<content:encoded><![CDATA[<p>But wait - THERE'S MORE! Why get scammed by Bitcoin "investments" OR get scammed by Kickstarter "projects" when you can get scammed by both TOGETHER?</p>
<p>Take this amazing project, for instance: <a href="https://bitcoinstarter.com/projects/104">https://bitcoinstarter.com/projects/104</a></p>
<p>He raised 16.58 BTC (~$1500 at the time, $7500 if he held for a bit) to develop an Android Electrum client. He even had TIMELINES:</p>
<p>2013-08-11 - full schedule ready (including stretch goals)<br />
2013-08-18 - UI sketches complete<br />
2013-08-25 - System design ready<br />
2013-09-01 - Backend supporting Java library ready (full SPV may not be available yet)<br />
2013-09-15 - Alpha client<br />
2013-10-20 - Beta client<br />
2013-11-17 - Release candidate client</p>
<p>And yet here we are on 2014-05-02 with nothing of any worth from him (and in the meantime the Android client using Kivy is nearly ready for launch: <a href="https://github.com/akshayaurora/electrum/tree/kivy">https://github.com/akshayaurora/electrum/tree/kivy</a> - and they didn't look for funds). But don't worry...he has a blog post where he apologises "for the absurdly long delay in updating everyone on what is going on" and apologises for his "disappearance with no response". Awesome stuff: <a href="http://e4a-ne.blogspot.com">http://e4a-ne.blogspot.com</a></p>
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	<item>
		<title>By: Plastic Zerg, Laughing Protoss &#124; When Bitcoin Met Pete</title>
		<link>http://trilema.com/2014/idiocy-without-borders-idiots-sans-frontieres/#comment-99479</link>
		<dc:creator>Plastic Zerg, Laughing Protoss &#124; When Bitcoin Met Pete</dc:creator>
		<pubDate>Fri, 02 May 2014 04:42:57 +0000</pubDate>
		<guid isPermaLink="false">http://trilema.com/?p=54261#comment-99479</guid>
		<description>[...] So what had me in stitches? That which so many others would blush at: Zerg Idiocy. [...]</description>
		<content:encoded><![CDATA[<p>[...] So what had me in stitches? That which so many others would blush at: Zerg Idiocy. [...]</p>
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