Signal adds a payments feature with a privacy-focused cryptocurrency

Re:Signal adds a payments feature with a privacy-focused cry... by marcinzm on Tuesday April 06, 2021 @10:24PM (#26719902)

It's not a conspiracy when it's all out in the open. Calling things you don't like a conspiracy theory to discredit them is a poor form of argument.

A bunch of decently well of people decided to do a few handshake deals to make each other a whole bunch of money. That's how most of the world rolls so this is simply par for course.

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Re:Signal adds a payments feature with a privacy-focused cry... by stjohnswarts on Wednesday April 07, 2021 @12:48PM (#26727487)

If the owners of MobileCoin own 85% of existing coins which at current rates is valued at $14 billion, you actually expect they're not in this to liquidate their coin for that $14 billion if they can snooker people into using it?

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Re:Signal adds a payments feature with a privacy-focused cry... by Klonoar on Tuesday April 06, 2021 @10:54PM (#26720079)

>It's not a conspiracy when it's all out in the open. Calling things you don't like a conspiracy theory to discredit them is a poor form of argument.

This statement would work better if that's what I was doing, but I'm not.

You (and nobody else) on this thread knows for sure what's going on there, and if Moxie's been advising MobileCoin for years I don't see how it falls under a handshake deal.

There is nothing to indicate that he, or Signal, are directly profiting from this, other than some MobileCoin people saying they want to donate to Signal (which is a good thing - I'm really not bothered by that particular point).

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