Talk:KodakCoin

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Dubious claims in article[edit]

Business Insider, the main source used here to actually call KodakOne and KodakCoin (the latter announced much later) a cryptocurrency, just because it's using blockchain, tokens, and online payments (a typical mistake like on other Wikipedia articles, where PayPal and its ancestors are basically called the original cryptocurrency), gives a 404. The simple fact that a Kodak CEO used blockchain and cryptocurrency in the same sentence as two new web technologies confusing many people as to what they actually are is not a good proof either that KodakOne and KodakCoin were ever actually meant to be cryptocurrency. Many sources that also claimed Kodak would be out of existence for years, ever since chapt 11., that all that would be left would be a name and brand "bought by a British hedgefund investor buying garbage brands", and other nonsense about Kodak over the years went on to claim KodakOne would be "cryptocurrency".

Next, the claim that the entire project was "delayed indefinitely" "after questions were raised about the vetting process" is not found in the USA TODAY source used for that claim. That USA TODAY article actually only speaks of "several weeks" of delay, after one single source, the New York Times, complained that they couldn't understand what KodakOne was supposed to be, and the way it's cited by USA TODAY leaves it entirely open whether the NYT article had anything to do with that delay. The way our Wikipedia article here phrases it ATM makes it appear as if Kodak then came up with an entirely new idea of SAFTs as a flimsy excuse of an answer towards the NYT what KodakOne was supposed to be is also utter nonsense. It was simply what Kodak had intended to do all along and there was no "indefinite delay", it was just delayed from January to May.

Next, the source used in the lead to report the closing down of KodakOne in 2020 is an obscure private blog that mainly seems to exist to badmouth all forms of legal enforcement of copyright (such as the one intended by KodakOne) and champion all kinds of cryptocurrency for the purpose of money laundry and circumventing laws such as copyright. Even four months later, CNN.com reported in 2021 that KodakOne was still on-going: [1].

Furthermore, our Wikipedia article uses an Ars Technica article further down for that same claim of closure, where this time, the source dates as far back as from 2018 already, where that 2018 Ars Technica article doesn't say that KodakOne or KodakCoin were ended or its website "deleted" as is claimed in our Wikipedia article. All that it says is that the tech for KodakOne came from an older fundraiser made by the owner of RYDE and where the old fundraiser was closed down when Kodak partnered with RYDE. So it was *NOT* the KodakOne platform with the KodakCoin that was closed, although our Wikipedia article here pointing to that source claims it was KodakOne that was closed.

Overall, this is a shoddy use of sources all over the article, to make the article claim things that most of the time are not even found in the sources even just in the slightest. 2003:DA:CF4E:6331:6C66:8D6:995C:6B96 (talk) 22:09, 21 January 2024 (UTC)[reply]