
How tech can move away from 'swindle culture'
Crypto might be the latest technology associated with rug pulls ($2.8 billion worth in 2021, to be exact), but it’s hardly a new trend in tech. Scams have been around as long as technology, and even the original Apple iPhone demo was cobbled together from a collection of buggy, incomplete examples. The mock-up didn’t work as it appeared; Steve Jobs followed a carefully constructed choreography to mislead his audience into thinking it did. Was he lying? Or was he telling the truth prematurely?