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> You need an organization and leadership in it that is focused on their mission. This is exactly what Signal had, until the leadership changed their focus ont
by FlyingSnake 6y ago
> You need an organization and leadership in it that is focused on their mission.
This is exactly what Signal had, until the leadership changed their focus onto more lucrative prizes.
- bombcar 6y agoWhich is why you need to see "where's the money coming from" because a non-profit that can't survive will go looking for it. Let's Encrypt is small enough that it can entirely exist under the donations of some of the large internet companies - Signal doesn't have that and so the temptation to look for money will be there.
- FlyingSnake 6y ago> "where's the money coming from" I'm not sure if I understood it correctly, but isn't a major selling point of cryptocurrencies is the anonymity/untraceability?
- luckylion 6y agoI believe that comment meant the money to fund the development of Signal.
- bombcar 6y agoNo, I'm talking about the company/organization itself. A non-profit like Signal can be all high and mighty and principled as long as the bills are being paid (by whom?) but once that dries up (or never materializes) the temptation to monetize by doing things that go against the original mission becomes greater. Let's Encrypt doesn't have a reason to try to blockchain their certs because their bills are being paid. Signal clearly wants more money (they openly state that the coin will pay $1m/yr to Signal).
- jeltz 6y agoAs far as I know Signal has no issues with funds. I feel this is more about Moxie and potentially other employees who want to make money for themselves, not for the foundation.