We have a special fascination with what are known as salami slicing scams, the theft of tiny amounts of money, often through computer systems, so small that they might go unnoticed but which can add up over time to significant sums. We’ve gathered together some of the best examples of salami slicing scams.
Category: Deception
Deception is one of the main means of selling propositions that, in reality, are just too good to be true. There is no such thing as a free lunch.
The illusion of diets, alternate medicine & anti-ageing creams
Much like gambling, the diet and beauty industry generally offers negative expected value, so what drives their continued growth, despite the absence of hard evidence that they deliver any tangible results?
The Bitcoin hodler’s dilemma
Hodling is a meme describing the commitment needed to hold Bitcoin, but the unique characteristics of this new internet money present hodlers with a unique dilemma.
What to expect from the War on Crypto
What the US crusades against terror and drugs tell us about the war on crypto and how it might end.
Not Fair – Bitcoin’s Latest FUD
As with all the most difficult FUD, the cry of Bitcoin being ‘Not fair’ bundles together a dangerous cocktail of misconceptions and irrationality that can be broadly grouped and unpicked under three headings: Inequality, Elitist & Too Expensive
Dogecoin – A Trojan Horse not just a cute dog
Is Dogecoin the ultimate illustration of the crassness of crypto, or is there a more meaningful side to the Shibu meme-coin?
We need a bitcoin Babel Fish
I think that many people – JK Rowling included – feel like they are listening to an alien language when someone tries to explain Bitcoin to them. Unfortunately modern technology hasn’t invented a Babel Fish and Crypto speak isn’t in the dropdown for Google Translate, so how does Bitcoin reach mass adoption?
Titanic Thompson – Hustler, gambler, killer
Titanic Thompson, the man who’d bet on anything, is one of America’s greatest hustlers. A pro-level golfer, he preferred gambling, staging bizarre proposition bets, winning and losing millions; he died penniless, leaving five dead men in his wake.