No, the story is correct, this is about Bitcoiin.
Totally legit.
You clearly do not know what you are talking about. Describe how they laid a smart contract onto the bitcoin blockchain that would exchange bitcoin for the mined coin. That would be fascinating...since it can’t be done.
Come now hairsplitter... Haha...
He is correct and so are you.... His rant is correct regarding ICOs and ETH, while you are correct that the story is totally about Bitcoiin... He just didn’t notice their attempt to make a clever mis-spelling of their token ICO.