Dilbert cartoon first published on Monday 16th October 2017
Dilbert//10411, first published nine years ago on Monday 16th October 2017
Initial Coin Offering
Tags
ico, cryptocurrency, bitcoin, jargon, language
Official transcript
Dilbert: Maybe we should do an initial coin offering, or ICO. Boss: What's that? Dilbert: It's a non-equity process for raising capital that uses a custom crypto-currency and the blockchain. I might be wasting my time here. Boss: So... it's a chain made out of coins?
originally published on dilbert.com
Open source transcript
MAYBE WE SHOULD DO AN INITIAL COIN OFFERING, OR I.C.O.
WHAT'S THAT?
IT'S A NON-EQUITY PROCESS FOR RAISING CAPITAL THAT USES A CUSTOM CRYPTO - CURRENCY AND THE BLOCKCHAIN.
I MIGHT BE WASTING MY TIME HERE.
SO... IT'S LIKE A CHAIN MADE OUT OF COINS?
collated from github.com/jvarn/dilbert-archive
AI Analysis
Comic Strip Title: "Blockchain and the Blockchain"
Summary:
The comic strip features Dilbert, a character known for his sarcastic wit and critiques of corporate culture, discussing blockchain technology with his colleagues. The conversation begins with a coworker inquiring about the possibility of creating an initial coin offering (ICO) or initial exchange offering (IEO), to which Dilbert responds with skepticism, highlighting the lack of transparency and potential for misuse in these processes.
Dilbert's colleague then suggests that blockchain technology could be used to raise capital, but Dilbert counters by pointing out that it is essentially a chain of coins, implying that it is not a reliable or secure method for raising capital. The conversation concludes with Dilbert's coworker acknowledging that blockchain technology is like a chain made out of coins, further emphasizing Dilbert's skepticism.
Key Points:
- Dilbert expresses skepticism about the use of blockchain technology for raising capital.
- He highlights the lack of transparency and potential for misuse in ICOs and IEOs.
- Dilbert's colleague suggests using blockchain technology to raise capital, but Dilbert counters by pointing out its limitations.
- The conversation concludes with Dilbert's coworker acknowledging the flaws in blockchain technology.
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