AltcoinUK, I suggest you focus on the message of why you think JINN labs is so unrealistic. And I also think you can refer to my decentralization thread for why (I think) Iota leads to centralization. Those seem to be strong arguments in your favor.
I think if you continue to assert the scam accusation and attack every aspect of Iota as entirely worthless, then you will lose credibility even IF you end up being correct about its ultimate failure. Those arguments appear to readers as vindictive.
But of course I can't tell you what to do. And perhaps I am mistaken about perceptions (but I doubt it).
I support your ethics and I also support your sober analysis of potential markets. I am just hoping you don't let CfB's ribbing incite you to turn it into a vendetta, which will then lower your own credibility. I know it is difficult in the heat of the moment, but try to think about that you can't protect every speculator from everything nor is that your role.
Balance.
I am of course not saying you do, just to explain my motives, IMHO we can't say a P&D scam can be justified, just because something useful will be produced during the P&D scam. It is like one would argue that Auschwitz was not all evil because some medical research was derived from the experiments of those Nazis. No, Auschwitz and the Holocaust was evil, even if some innovation was produced there. IMHO there are clear boundaries exist for moral and ethics.
The bottom line is we need ethical projects - like hopefully yours will be - to take the decentralized crypto currency idea to the mass, and money collecting, P&D operations like JINN and IOTA are hurtful for the decentralized crypto currency idea.
Don' t compare a hardware/software project with Auschwitz in any shape or form, it is very disrespectfull. You should be ashamed of yourself, same goes for tptb in approving this behaviour.
I'm all for an open discussion, but stick to the facts and provide proof.