If you scroll down and look at the 'The Team', you'll see it's two guys Alex Mehr and Tai Lopez. They bought the Radio Shack brand a couple of years ago:
<a href="https://www.retaildive.com/news/radioshack-brand-acquired-by-new-owner-of-pier-1-modells-ip/589377/" rel="nofollow">https://www.retaildive.com/news/radioshack-brand-acquired-by...</a><p>Tai Lopez is a motivational speaker celebrity (first I've heard of him). And Alex Mehr is apparently a former co-founder of Zoosk (a dating app).
Even the corpse of RadioShack has been brought back from the dead with the promise of crypto riches. Scrolling through their partners is like a who’s who of old defunct 90’s brands. DressBarn?? It makes it crystal clear what their strategy is.<p>I have fond memories of RadioShack, it’s part of what got me into computers and electronics. But taking those memories and weaponizing them against me to try and extract what I can only assume is money, feels wrong on so many levels.<p>If anything (and I don’t think I’m alone in this sentiment) I will avoid this new Frankenstein creation. That said, I’m sure it will still entrap enough people to make these two guys even richer while still being a net negative for society as a whole.<p>File this under the same drawer as Mariah Carey partnering with McDonald’s to sell more junk food.
Fascinating to watch cryptocurrency and blockchain become the go-to pivot for those who have run out of traditional ways to be profitable.<p>Is this the original company transitioning to cryptocurrency? It was the RadioShack brand simply auctioned off to someone who wanted to use an established brand for their crypto project?
RadioShack devolved in such a way, with a long dying death, that all of my memories of early radioshack have been replaced with later-year memories of their store, when they became a total joke. I have no nostalgia for the brand. I'm sure it would be different if they went out of business with dignity in like 2001.<p>The last time I went into Radioshack to 'get something' in 2011, i needed to get a couple of cables to connect a mini HDMI cable to a full size connector. They didn't have the exact cable so I had to get several different ones to make the connection work. The price for the cables was literally $91, so I didn't get it, and ordered it online instead. Sad
time is a flat circle
<a href="https://en.wikipedia.org/wiki/KodakCoin" rel="nofollow">https://en.wikipedia.org/wiki/KodakCoin</a>
Its just incredible to me that this is allowed to go on and on. It is clearly BS all of the way down - where are the regulators to stop this before the massive crash?<p>This is two guys who bought a brand and are using it to defraud people out of their money - how is this legal?
Relevant tweet with Tai Lopez explaining: <a href="https://twitter.com/tailopez/status/1333228688456904707?s=21" rel="nofollow">https://twitter.com/tailopez/status/1333228688456904707?s=21</a>
You had me at Tai Lopez. Honestly, I’m very sad this is real and not a pitch-perfect parody site because everything about it is literally satire.<p>Tai Lopez shilling for some RadioShack coin. What a world.
What a bummer for this brand.<p>At one point, I had hoped that Amazon would buy up all the radio shacks and convert them into Amazon prime lounges and provide basically a sort of temporary workspace/island of calm you could escape to in any suburb.