{"id":12413,"date":"2019-03-29T22:20:13","date_gmt":"2019-03-29T22:20:13","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=12413"},"modified":"2021-04-24T23:10:11","modified_gmt":"2021-04-24T23:10:11","slug":"dentacoin-its-real-and-sincere-even-if-nobody-cares","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2019\/03\/29\/dentacoin-its-real-and-sincere-even-if-nobody-cares\/","title":{"rendered":"Dentacoin \u2014 it’s real and sincere, even if nobody cares"},"content":{"rendered":"

Amazing: Thanks to explosive growth in Dentacoin the tooth fairy is now wealthier than Bill Gates<\/p>\n

\u2014 Neeraj K. Agrawal<\/a>, 8 January 2018<\/p>\n<\/blockquote>\n

\"\"<\/a>Dentacoin<\/a> (DCN) is the instant punchline of obviously dumb crypto ideas. In real-world testing over the last couple of years, nobody can hear about “the cryptocurrency for teeth” without giggling. So I can’t really avoid writing it up for the planned ICO book.<\/p>\n

It’s yet another scheme to issue a centrally-controlled token as industry-specific company scrip, with all the problems that implies. They can say “utility token” all they like \u2014 but it’s obviously a security in the US. There’s no reason professionals would take this over actual money. And trading is pretty much dead.<\/p>\n

People talk about Dentacoin like it’s just another ICO scam. The price peaked at 0.6575 cents with the crypto bubble, but has collapsed since, and the coin has approximately zero usage. But Dentacoin is completely sincere!<\/p>\n

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