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> Signal has been a nonprofit for years and has no money issues: https://signalfoundation.org https://signalfoundation.org. The organization has no formal ties
by helen___keller 6y ago
> Signal has been a nonprofit for years and has no money issues: https://signalfoundation.org https://signalfoundation.org. The organization has no formal ties to the alt-coin, although Moxie does. It doesn't monetize the Signal foundation.
Even worse, in my opinion. If a nonprofit running a useful encrypted app was trying to fund itself by shilling some altcoin, I wouldn't be happy but I would be understanding.
If the lead of the project is inserting the altcoin for personal enrichment at the cost of the nonprofit and the useful project, that's pure and simple corruption. As far as I can tell, no good is coming of this (I mean, unless you're interested in actually using Mobilecoin, of course. Personally I have no interest in doing so, and if my Signal contacts wanted to send me money I'd say to use Venmo instead).