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> Why not? Because the price of small cap coins is insanely volatile, and even more subject to manipulation than cryptocurrencies in general. Mobilecoin's pric

• qqii 6y ago
  If this was a public rollout I'd be more inclined to agree but as a opt in beta for a limited number of users who explicitly opted in to provide feedback this is less of an issue. The future volatility of MobileCoin is to be seen. Past performance is not indicative of future performance and whatnot. Wether they should have used a test net, MobileCoin should have only released a limited portion of the coins or whatnot is another question entirely.
• hiq 6y ago
  > Mobilecoin's price changed by 1000% over the course of a couple weeks last month. It's not even really used right now, it's hard to tell how much it reflects what will happen later. With a centralized cryptocurrency there's a lot they could do to make it less volatile, and it's still to be seen what will happen in practice. It's a hard problem, but I don't think we can easily conclude that they will fail, or that a better solution already exists.