Post
Topic
Board Announcements (Altcoins)
Re: IOTA - Unmoderated thread
by
altcoinUK
on 09/02/2016, 20:21:41 UTC
personal vendetta driven scam accusation

That's a very unfair and undue interpretation of this thread. Due to the value growth of Bitcoin, the decentralized crypto currency concept has been very kind to me since February 2013 and it is my moral duty to point out scams which hurt the noble ideology of decentralized crypto (so I do from time to time and then some scammers go to prison). Therefore, this thread is to reveal the nature of this blatant scam, so the target audience of the incoming IOTA P&D will have my objective opinion and don't have to rely on the meaningless hyping of cheerleaders, sockpuppets and shills.


discrediting by race, age or other characteristics

It is a very important point indeed. You have to understand the location and age are important factors in the context of a business operation. Let me explain you the first one as I have explained already in details why experience, academic background and expertise are important in the implementation phase of a business, and since David boy has none of those the proposed operation is a scam. (I assume don't need to repeat again that apart from the age factor why the IOTA and JINN projects are unrealistic and will generate zero dollar revenue. I explained that).

Why the location is important? As you know the genius business plan is to challenge Intel, TI and Samsung in the microporcessor design and manufacturing field. In the meantime, the main technology figure of the operation hides in the lawless, Lukashenko admiring safe heaven of Belarus (from where he can organize his blatant scams). So he is isolated, due to visa restrictions he can travel to only Fiji, Kyrgyzstan and Afghanistan, but please note he is not selling goat cheese nor Kalashnikov to Afghans, but he is selling a revolutionary microprocessor to the west and therefore he would need to travel to Silicon Valley, London, Sidney to attend meetings, conferences, work shops ... but he can't travel because pro primo he doesn't get visa, pro secundo if he travel then law enforcement will catch him. I fully understand the average 25 years old fanboys of IOTA believe you can run a business by hiding  behind a proxy in your momma basement, but please note the business plan is to challenge Intel, TI and Samsung which requires more than the momma basement logistic of a typical Bitcointalk P&D scam, which IOTA/JINN is.
Anyway, you and me we both know there is no revolutionary microprocessor nor IoT business, but even if it would be the location and age makes absolutely unrealistic the whole business.