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Any mention of bitcoins typically means a full-on commitment to cryptocurrencies. And I don't think I was wrong, because found out only later that this is fund

Any mention of bitcoins typically means a full-on commitment to cryptocurrencies. And I don't think I was wrong, because found out only later that this is funded by Tether and Bitfinex. The actual purpose of this project seems to be to pump the value of the owner's cryptocurrencies. So a hard pass from me.

razemio 4y ago
I do not understand your view point. This does not make "Keet" bad software. It is actually a good idea regarding decentralization. So why the red flag? How does this "pump" the value of crypto? A pump always refers to a manipulation of the market. If people use it, and it is the next "killer app" the value of crypto would indeed rise but for valid reasons. Don't get me wrong. I am nutural towards bitfinex. Haven't had to deal with them until now. I would wait how the project develops and then maybe give it a chance.
- ttiurani 4y ago
  > It is actually a good idea regarding decentralization. I absolutely agree: hypercore, their DHT and holepunching work is excellent. My frustration stems from the fact that nothing in the innovative part of Keet needs cryptocurrencies. Now "pump" was the wrong term there. I meant cryptocurrency businesses are trying desperately to find any semi legitimate use cases for their tech becauae if they do, that'll cause the value of the coins they own to go up, and thus making them richer. Without that awkwardly bolted on Bitcoin nonsense in Keet neither of the funding companies would have given them a dime. The red flag is because the good of keet does not negate the bad of promoting cryptocurrencies. Cryptocurrencies are a technological dead end, politically totally against everything I stand for, and morally bankrupt wrt the ecological disaster that is PoW and the pyramid scheme with the already powerful and or wealthy reaping even more for themselves. I'm also not alone here, see e.g. https://concerned.tech https://concerned.tech Furthermore Keet developers' decision to accept that money makes me doubt their judgement, and question where their startup will end up. For those reasons, I won't use nor recommend keet to anyone.

razemio 4y ago

I do not understand your view point. This does not make "Keet" bad software. It is actually a good idea regarding decentralization. So why the red flag? How does this "pump" the value of crypto? A pump always refers to a manipulation of the market. If people use it, and it is the next "killer app" the value of crypto would indeed rise but for valid reasons. Don't get me wrong. I am nutural towards bitfinex. Haven't had to deal with them until now. I would wait how the project develops and then maybe give it a chance.

ttiurani 4y ago
> It is actually a good idea regarding decentralization. I absolutely agree: hypercore, their DHT and holepunching work is excellent. My frustration stems from the fact that nothing in the innovative part of Keet needs cryptocurrencies. Now "pump" was the wrong term there. I meant cryptocurrency businesses are trying desperately to find any semi legitimate use cases for their tech becauae if they do, that'll cause the value of the coins they own to go up, and thus making them richer. Without that awkwardly bolted on Bitcoin nonsense in Keet neither of the funding companies would have given them a dime. The red flag is because the good of keet does not negate the bad of promoting cryptocurrencies. Cryptocurrencies are a technological dead end, politically totally against everything I stand for, and morally bankrupt wrt the ecological disaster that is PoW and the pyramid scheme with the already powerful and or wealthy reaping even more for themselves. I'm also not alone here, see e.g. https://concerned.tech https://concerned.tech Furthermore Keet developers' decision to accept that money makes me doubt their judgement, and question where their startup will end up. For those reasons, I won't use nor recommend keet to anyone.