This is also the rumor every time a crypto exchange is “hacked” and loses all of the stored crypto. It was never obvious if the people running the exchanges were incompetent or criminal, but I suspect it was a combination of both in many cases.
If you're set on doing some shit and know you won't be able to hide that it was done, arranging for it to be an "accident" is a pretty obvious ploy. Like, small children even do this.
why does the article say it would be difficult to liquidate those tokens instead of just posting the address so we can see what they did?
I think this is a symptom of general ignorance and decade-plus-long aversion to understand crypto. Its a choice and it works extremely well for the person that now has custody.
okay lets narrow it down, it mentions the token name - approximately 4 million Pre-Retogeum, or PRTG - so we can just look up that token on the network its deployed on, and look for large recent transactions
Edit: I’m looking at this address now, based on receiving the 4,000,000 tokens 1,000+ days and sending them out 2 days ago
I would agree that most crypto is not very good money. It's more like a speculative investment that just happens to be easy to exchange
I don't think fake money is the right term though. It's just as much money as the US dollar or the Euro, and it isn't pretending to be some other currency (like say a fake bill). It just happens to be not very good at the job of being money
fake?
Money is a human construct, all of it, pulled out of wherever we got the
"easter bunny" from, literaly, something something, rabbit hopps around hiding candy, something something, this →£¢€¥$← thing is exchangable for candy
the something somethings, are arbitrary rules to describe a construct, and I guarnatee that if we were to go and ask a group of smaller humans about this whole bunny thing, some of them would take pitty on us and bring us up to speed on the whole thing, with all, ALL the conviction of a government economist, same goes for crypto, believe in the bunny, get some candy.
Good crypto(like BTC) is about pm-backed fiat level of reality. A bit less because the compute has no intrinsic value.
Modern fiat is literally just paper(or an electronic record) with numbers printed on it that the government certifies as "real money". they can print a quintillion more the next day or just tell you that it is all fake now that the bad guys are out of office. shitcoin-tier.
I think this is a symptom of general ignorance and decade-plus-long aversion to understand crypto. Its a choice and it works extremely well for the person that now has custody.
okay lets narrow it down, it mentions the token name - approximately 4 million Pre-Retogeum, or PRTG - so we can just look up that token on the network its deployed on, and look for large recent transactions
Edit: I’m looking at this address now, based on receiving the 4,000,000 tokens 1,000+ days and sending them out 2 days ago
https://etherscan.io/address/0x8efa52827c229c434fe9c915b2d99...
I don't think fake money is the right term though. It's just as much money as the US dollar or the Euro, and it isn't pretending to be some other currency (like say a fake bill). It just happens to be not very good at the job of being money
the something somethings, are arbitrary rules to describe a construct, and I guarnatee that if we were to go and ask a group of smaller humans about this whole bunny thing, some of them would take pitty on us and bring us up to speed on the whole thing, with all, ALL the conviction of a government economist, same goes for crypto, believe in the bunny, get some candy.
Modern fiat is literally just paper(or an electronic record) with numbers printed on it that the government certifies as "real money". they can print a quintillion more the next day or just tell you that it is all fake now that the bad guys are out of office. shitcoin-tier.