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RE: Can a Real Person Make Money and Support Themselves with a Shopify Store or Amazon FBA Product

in #entrepreneur7 years ago

The part you said about your buddy wanting to create a coin rings a familiar bell. It is very odd but I run into a lot of people who don't know the first thing about how to create a coin or anything and they are the ones acting like they want to do it the most. It is very strange to me.

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lol yeah totally. He was calling me today asking for advice/help. I'm like dude I'm not a technical guy, I've never rolled out a coin or an ICO, I don't really know what you want from me. I've tried to tell him he's really not in a position to roll out a coin nor is his coin really going to add anything to the crypto space but he's dead set on doing it and tells me it's going to be a billion dollar coin blah blah blah.

On an interesting side note, I met a guy at this Bitcoin meetup the other day who is rollin gout his own coin, I was meaning to ask you if you've ever heard of it, it's called Dnotes?

The guy seemed very knowledgeable about SEC issues and from what I can gather he's trying to raise money an IPO as opposed to an ICO. He didn't speak great English so I had a hard time wrapping my head around what he was doing but I will say he seems pretty accomplished, he's gotten numerous multi hundred Dollar million contracts from the Department of Defense, he has one of the largest lilly growing companies in the country, he created one of the first tablets back in the early days of tablets and writes for a lot of different publications. I'm curious to chat with him more at future meetups but was meaning to ask you if you'd ever heard of Dnotes?

https://coinmarketcap.com/currencies/dnotes/

Hahah, That is pretty funny. Well maybe we should give him what he wants!

Is he trying to bootstrap the whole thing or does he actually have money to invest in getting the coin rolled out?

I can get him his own coin and the seed nodes to support the wallet and all that for 100 Litecoin

In regards to the guy who has Dnotes..... I haven't heard of that and initially I was thinking it was one of the early cryptonote coins but I looked at it and it is a Litecoin clone from 2014.

The one thing I will say for my buddy is he's not scared to put his money where his mouth is. He's paying thousands for sponsored articles on various Bitcoin and crypto sites.

he also put up billboards all over the southwest for his app and coin and actually caused a bit of a controversey and got some media coverage.

I don't want to talk shit about his coin and then post to him so I'll have to hit you with a pm on youtube or something with the news clip as its pretty funny.

I guess the problem is his coin just isn't going to do anything unique or add anything to the space and also to some extent I feel it's nothing more than a self enriching money grab, but not really trying to do anything unique for the community.

If he actually rolled out his app, the app itself isn't a terrible idea and a coin could be a utility coin for the app and I could see some use case there but he's kind of moved on to being all about the coin and the ICO and I told him dude your coin is a utility coin, without the app there's no purpose for it.

Gonna try to help him get on the right track but I have a feelling its just going to be a big waste of time and money for him that's not going to end up going anywhere.

If he comes to me for help again I'll mention that 100 litecoin offer, it's potentially something he might be interested in doing and he does have the money.

Oh wow, I'm kind of blown away he is spend all types of advertising money and putting up billboards when he doesn't have a set plan for the actual coin and all that.