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throwawayico

Re:Is Filecoin a $257 million Ponzi scheme? [pdf] on Thursday November 30, 2017 @12:06PM (#15817341)
That doesn't discount the fact you are involved in yet another ICO. Cryptocurency integration and identity within IPFS could have been done without a new coin. I know you know this, yet you choose to do it anyway. That means we should question your intentions, across all your projects.

And, just for the record, a cryptocurrency fund raise is simply selling access to given private/public key pairs which contain values, like a database. Even hardened by mining, these values and keys are intrinsically worthless until they are used widely for something valuable. It's when convincing someone it's "valuable because you think it is" that it gets "tricky".

Re:Is Filecoin a $257 million Ponzi scheme? [pdf] on Thursday November 30, 2017 @12:03PM (#15817312)
> sophisticated private investors took bets on this with eyes wide open

Bullshit.