incoherent book
I only skimmed through that. As usual, you dance around the questions answering none trying to make me tired with a lot of text saying nothing. What an absolute waste of time and you completely miss the point. Which seems to be exactly your intention. Whatever, I am not gonna spend several hours trying to cure Dunning-Kruger.
Anybody wanting a long TLDR: if you're an investor in this project on the FCT side, you get the short end of the stick. You have no way of doing adequate diligence, and anybody telling you otherwise are confused. Any suggestion to improve investor protection is met by people telling you "how dare you demand anything!" and it is clear that these people work or collaborate with Factom in some shape or form. The end goal is to establish an atmosphere where the consensus is that Factom has already taken your money and done some stuff so now they owe you nothing so don't ask for any improvements whatsoever.
Here are the 5 biggest issues with Factom for investors:
Lack of transparency over entries making projections impossible
Lack of transparency over Factoms FCT holdings and future sales or previous sales making factoring in dilution impossible
Lack of transparency over how Factom INC and FCT work together
No user friendly wallet causing a systemic risk to FCTs since a lot is held on exchanges
No viable blockchain explorer nor rich lists