Skip to main content

Plagiary Is The Worst Cryptocurrency Scam of All

Plagiary Is The Worst Cryptocurrency Scam of All

There’s a 99% chance that you’re reading these words on news.Bitcoin.com. And there’s a 1% chance that you’re reading them on some other cryptocurrency site. It might have a similar name to this one, or it might be called something entirely different. But whatever its name, it wasn’t responsible for producing this content – it simply copied and pasted it from Bitcoin.com. Some people call plagiary the greatest form of flattery. Others call it the worst fraud of all.

Also read: Coingeek to Fund the BCH Anonymizer Mixing Platform ‘Cash Shuffle’

Crypto Copycats Are Copying Cats

Plagiary Is The Worst Cryptocurrency Scam of AllThere’s a fine but very important line between copying and plagiary. Copying is when you take another person’s idea and make it better. Plagiary is when you take another person’s idea. When Charlie Lee created litecoin, all he did was reproduce the bitcoin code and reduce the block time from 10 minutes to 2.5. It was copying, but he didn’t try to pass it off as his own work, and in the years since, the litecoin codebase has significantly deviated from bitcoin.

Copying is an integral part of human nature. It’s how we learn to speak, dress, and eat. It’s how our music evolves, through decades and genres, and it’s how our favorite internet memes are born, reborn, and then remixed to generate new laughs and new contextual applications. Most of the early hip-hop records you know and love, for example, are simply looped Motown or jazz samples. They’re not original compositions, and yet few would dispute that hip-hop represented a new musical formula that was simultaneously familiar and yet fresh.

A Plagiary on Both Your Houses

Copying is human nature. Plagiary, on the other hand, is the worst scam of all. It betrays a dearth of imagination and it’s infecting every sphere of the cryptoverse. ICOs copying chunks of their competitors’ white papers verbatim (here’s looking at you Dadi and Tron); cryptocurrencies copying the ethereum codebase and passing it off as their own (ohai there Tomochain); crypto blogs copy-pasting articles from news.Bitcoin.com and publishing them without shame.

Plagiary Is The Worst Cryptocurrency Scam of All

One of the worst repositories for counterfeit content is r/bitcoin, whose users would rather link to spammy Indian websites than credit news.Bitcoin.com with breaking news that’s relevant to their interests. That’s their choice, just as it’s their choice to seek to censor and ban anything that doesn’t accord to their world view. But here’s the thing about all this rampant plagiary that’s infecting the world of cryptocurrency: the biggest losers in all this aren’t the plagiarized – it’s the plagiarists.

No One Likes a Thief

Every time an ICO gets busted for copying a white paper, they’re the only losers. Because the crypto community are very good at spotting fakes, and if you try to pass another’s work off as your own, some internet detective will take pride in calling you out on it. Similarly, for every site that reproduces this article, and every other article published by news.Bitcoin.com, the loss in traffic is negligible. But these copycat sites can forget about their Google ranking, because Google doesn’t look twice at sites that publish duplicate content.

To make it in the world of cryptocurrency, you don’t need the most original idea of all time. You just need the capability to take an existing idea and make it better. There’s no shame in emulating others. But have some decorum about it. If you’re going to plagiarize others and claim credit for their endeavors, you deserve everything you get – namely a big fat nothing.

Do you think plagiary is a major problem within the cryptocurrency space? Let us know in the comments section below.


Images courtesy of Shutterstock.


This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com does not endorse nor support views, opinions or conclusions drawn in this post. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the Op-ed article. Readers should do their own due diligence before taking any actions related to the content. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in this Op-ed article.

The post Plagiary Is The Worst Cryptocurrency Scam of All appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2GVvrqv

Comments

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought