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Because MobileCoin is a scam and people want to know if this guy is naive or a scammer

• yumraj 6y ago
  Why is MobileCoin a scam? Please elaborate. I’m assuming your content is specific to MobileCoin and not about all cryptos in general..
  • fsociety 6y ago
    Privately sold 15% of their supply for 80 cents, they are currently selling the remaining supply for around ~$60 today on their site - was 85% of supply now is allegedly around 50%. Moxie was the CTO for MobileCoin according to their first white paper, they deny it saying they didn’t write the paper or something. Signal stopped releasing updates to their server to keep this integration secret, until it was ready to be released. MobileCoin doesn’t allow purchasing or ownership in the US because they’d be considered a security and scrutinized for potential market manipulation. No point in putting up with the above, regardless of the truth, when you have many more legitimate looking cryptocurrencies one can support.
    • someguydave 6y ago
      This is a major blow to Moxie's credibility and Signal's reputation.
      • kerng 6y ago
        Agreed. Extremly disappointed. Before donating money ever again to Signal, I want to see prioritize (maybe vote on some proposed features, etc...) to understand what's coming up and what I'm supporting
      • moralestapia 6y ago
        Not the first time Moxie does something "questionable", to put it lightly ...
        • asddubs 6y ago
          go on