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This reminds me of when 2.0 scams died in the 2000's.

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by COINS NEWS 110 Views

Don't know how many here were active in the early 2000's when the 2.0 transition was in place. Before crypto when we still traded online with digital currencies, we'd accumulate points no different to these days and cash them in for rewards which were generally PayPal funds.

We had all the same incentives and ideas, mainly the paid to earn, paid to read, paid to view, paid to Surf scams. We were even selling pixels, see Alex Tew. Paypal had a rival (stormpay) and even that had the "paid to" backbone to gather a user base.

These activities were a new territory, they took off just like crypto, we started from the pits of the internet and slowly some of the initiatives gathered mainstream interest, and made mainstream news.

Just like today the tech was expanding and games were also monetised, the most popular being paid to play games in online arcades. The same games are still around today and the incentives are now crypto.

To me this bubble feels just the same, oversaturated, clones, clones and more clones, scams everywhere, messy... right now has that same vibe that we felt when we went arse up in the 2.0 bubble.

submitted by /u/Effective-Tour-656
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