The details of Bitclout have unraveled over the past week and the waters are quite muddied.

Here’s how it began:

By early March, a few well known individuals were already speaking of how Bitclout would transform the future of “productizing people.”

On March 17th, @ c0inalchemist on Twitter did a beautiful thread on all the reasons Bitclout was an obviously scammy project.

Larry Cermak (@ lawmaster on Twitter) called people’s attention to the fact that Bitclout had accumulated over $150 million in Bitcoin already.

He proceeded to state, “Because of their trashy growth hacking bullshit, every account that wants to verify their account has to tweet the direct link to it. Probably better to stop doing it, this is all incredibly scammy even if it has real people behind it. Stay away from this garbage.”

Next, on the 20th, James Prestwich showed that not only was Bitclout verifying thousands of accounts that shouldn’t have been verified, but were also using the likenesses of lawyers, journalists, and others without permission.

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Source: https://thecaspiancey.medium.com/chasing-bitclout-cbe508a05cd8?source=rss——-8—————–cryptocurrency