Quote from: altcoinUK on February 28, 2016, 04:46:57 PM

Read the unmoderated IOTA thread, you could start here at https://bitcointalk.org/index.php?topic=1354220.msg14029127#msg14029127 and then you will understand why IOTA is a blatant scam. Zero monetization route for the technology, never mind the fact that they do not have any IoT technology nor the resources and expertise to create one.

You must understand, scams like IOTA have nothing to do with technology, business nor monetization. The monetization route and business model of the IOTA scam are based on the concept of milking money from the idiots. It is a straightforward law enforcement matter, just like Mooolah, Bitbay and Banxshare scams were.

Haha, I love how your view evolves with each tidbit of info you find after countless hours spent scouring the internet for any piece of info you might be able to mould into your troll narrative. First you are ADAMANT that IOTA was ran by a Norwegian 24 year old with no registered company and a Belarusian scammer, now it is indeed registered and ran by someone born in 1989. Did these facts contradicting your previous claim make you accept that you are wrong? Nah, of course not. Oh and btw really nice to see my childhood home on here, I did indeed live there at one time, beautiful scenery on the Norwegian country side. If you continue Googling you might even find MY real address and even full birthday!

But since you're like a malignant tumor that got nothing better to do but spread your nonsense everywhere, let's just face this head on for the 100th and final time. I challenged you to provide me with your legal name to see if you are indeed willing to stand behind your provably false claims that IOTA is a scam and fraud. Of course you pussied out and did not dare to do this, instead you disappeared for a few days to rinse off the embarrassment and came back pretending that you never ran away with the tail between your legs only to continue spewing nonsense.

So here I'll address these trolls' caims for the 100th and final time:

1. IOTA has no monetization plans. Of course not, that would make it an asset/security. We always sold IOTA the technology as software, just like Ether in Ethereum and Rep in Augur is software. IOTA software allows you the ability to do transactional settlements, messaging and data transfer with a heavy emphasis on the IoT ecosystem (lightweightedness) CAN this software increase in value? Sure, an integral part of this software's functionality is that it exist in a fixed quantity, a side effect of this is that it can indeed increase in value with demand, just like all other things that exist in a fixed limited quantity. In fact by the demand side it already has appreciated in value, this is a result of the free market, ANYTHING can increase/decrease in value, but we NEVER made any such promises. The monetization purchasers of IOTA can get is through what they build with IOTA. That is YOUR responsibility as a buyer, not ours.

2. IOTA is vaporware, it doesn't and will never exist. Again you make this hyperbolic statement in the face of plain evidence to the contrary. This reveals your true nature as someone with truly no intention of finding and exposing the truth, rather you saw IOTA as a threat to Gadget (this is well documented a month prior to us even announcing the crowdsale) and decided that you'd dedicate your life (well if it can even be considered a life) to try in a futile effort to bring the project harm. Fortunately trolls have no influence on development. IOTA back-end has been developed and gone through intensive testing and optimization for a long time already. So yea, your claim is 100% fallicious, as always

3. Jinn the hardware processor is also vaporware and cannot come to fruition because we're not billionaires and we're not Intel. Once again this reveals that you have absolutely no understanding of the real world (which has become quite apparent by this point). We never stated we would go up against Intel's market (except of course natural competition in IoT division). Intel has a virtual monopoly on desktop and server high-end processors, we're not even looking at this market. We have always stated from day 1 that we're developing a processor for distributed computing in IoT. And yes, we already got manufactured hardware tested, so again no vaporware. Again: you have been proven wrong. But now to the real point: What we're developing is called Hardware Intellectual Property, which is essentially licensing, which is what companies such as ARM Holdings have been doing for decades. This means that you do not manufacture the hardware yourself (it would be extremely expensive, think Intel/Samsung/IBM), rather you come up with the architecture, make prototypes, manufacture a small set of full processors and hand them off to product engineers with specs, if they like it they may buy X licenses from you and then the chips are manufactured and placed into the devices. TADA. This is not magic, nor is it quantum physics, you should be able to grasp it.

4. David is an international communist!. Due to me having written extensively about my support for Universal Basic Income to counter the inevitable huge loss of jobs that Industry 4.0 (where IoT makes up a big part) will bring, I have become known as a 'international communist' by these trolls. Yet I argue for business bringing about change. What to make of this? I know your trolling brains cannot hold two ideas at once, too much cognitive dissonance, so you are unable to see the infinite nuances in the world that need to be taken into consideration to achieve something of value. Just to add fuel to this fire: I am even a long term supporter of Bernie Sanders!

Now either fork over your legal name so that we can settle this illegal slander once and for all, or just continue trolling with not even ONE real person taking you seriously. It genuinely satisfies me to know that you trolls are spending a HUGE amount of time, literally making up a real measurable part of your entire life, time that you will never ever get back. You were (unfortunately most would say) against all odds born into this universe, an event that will never happen again, by nature herself given this one single opportunity to experience the world in all its glory, maybe even leave a footprint in the sand of time, but instead you have decided to sacrifice it for us. All in a fruitless endeavor. It's almost as if your envy towards us alone is worth more than your actual life. Out of the very finite amount of grains of sand in your hourglass you are dedicating a big portion just to vent your frustration, frustration which has built up throughout your failed existence, on us. Almost like we should feel honored. But now I got real work to do. Thanks for the entertainment, maybe you should consider getting a job in comedy.