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This statement made by superkuh is false in its entirety. 1. LJ - Bankrupted, 500K debt. LTMH paid off the debt in full and funded the operation for the next
by rasengan 5y ago
This statement made by superkuh is false in its entirety.
1. LJ - Bankrupted, 500K debt. LTMH paid off the debt in full and funded the operation for the next 2 years, before a much more well funded entity was able to take over - for free. Earnings: negative. Profit potential activity: 0. Funding: > 2m.
2. freenode - Reached out to LTMH for funding multiple times and LTMH always obliged. Earnings: negative. Profit potential activity: 0. Funding: > 1m.
3. Snoonet - Continues to run under its own policies. Earnings: negative. Profit potential activity: 0. Funding: > 50K.
Other:
Handshake is not an LTMH project. That being said, the Handshake project received 10m of funding and provided all of it to FOSS projects.
- superkuh 5y agoIf it isn't clear to anyone else, this commentor saying I am wrong is the owner of the corporation.
- rasengan 5y agoThanks for clarifying!
- superkuh 5y agoNo problem. Perhaps you can clarify something for me. Do you think being technically correct about LTMH not being involved matters when you yourself are leading it and PIA and the linux journal are involved in promoting it? https://www.linuxjournal.com/content/vcs-are-investing-big-new-cryptocurrency-introducing-handshake https://www.linuxjournal.com/content/vcs-are-investing-big-n... (https://archive.is/IK7w8 https://archive.is/IK7w8) >Just released, Handshake brings with it the much needed security and reliability on which we rely... The project and protocol has been led by Joseph Poon (creator of Bitcoin's Lightning Network), Andrew Lee (CEO of Purse), Andrew Lee (founder of Private Internet Access or PIA) and Christopher Jeffrey (CTO of Purse). Legal shell games work for legal issues. But we're all just humans here and it sure looks like you are running the show.
- rasengan 5y agoThanks for the reply. I don't see how LJ, who commonly writes about DNS for example, writing about a DNS project handing 136m to the FOSS community with the help of the top VCs in Silicon Valley while moving ownership of the DNS root to the commons isn't a topic LJ would cover? As you can see many other publications covered this as well. In terms of the shell games comment, it's definitely true I have or had a stake in many of the entities you spoke of, thru LTMH. However, I was not in operational control. Case in point: On snoonet, I owned the cryptocurrency channel. However, I was deopped and removed from founder as the subreddit, /r/cryptocurrency/, claimed ownership over it. Snoonet's policies dictate that the owner of the subreddit owns the namespace on Snoonet. Any other questions that you have that you'd like me to help to try to clarify? Thanks again for your questions and comments!