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I'm not saying that the Helium idea of having this network of access points is bad. That's actually great, I wish there were such a thing. What doesn't work is
by Canada 4y ago
I'm not saying that the Helium idea of having this network of access points is bad. That's actually great, I wish there were such a thing.
What doesn't work is their token. Instead of having that they could have used a whitelist of acceptable payment... eg. ETH, USDT, USDC, DAI, WBTC, BTC...
But no, they had to have their own shitcoin of course, because if they used a cryptocurrency with actual value they wouldn't be able to give themselves a bunch of it to dump on the suckers.
- tradertef 4y agoAgree 100%. Helium and similar project could very well work with other tokens or even with regular payments in dollars or whatever. But they choose to come up with their own shitcoin so that they could dump it to others with marketing.