The irony is that the coin would be excusable if it was used as a utility token to power a decentralized network of incentivized nodes (like Status or Session).

The irony is that the coin would be excusable if it was used as a utility token to power a decentralized network of incentivized nodes (like Status or Session). But Signal is still centralized. So there’s no reason for the sh*tcoin other than to make some people rich.