Post
Topic
Board Altcoin Discussion
Re: Beware of IOTA Main Developer
by
yumei
on 02/09/2016, 10:41:50 UTC
Does not sound. " We dont want to be traded on exchange" enough big alarm for you?

That's hilarious. No, seriously I can't stop laughing why anyone would be interested in a porject with devs not wanting exchanges.


Assuming that you, unlike OP who has not said 1 correct word thus far, is not a troll here is a genuine answer:

Virtually all the large exchanges has voiced their interest in listing IOTA from the beginning and are waiting for us to provide exchange-API, but unlike these other projects we are not concerned with it at all, IOTA is for real use-cases, the value of IOTA will be reflected from that, but it's not a priority at all. We chose to postpone exchange listing in order to tie up loose ends in the 'soft launch' period to avoid tons of confusion that would inevitably arise with thousands of new people coming in to learn a brand new technology.

That is the simple truth, if you do even 5 minutes rudimentary research about this project you would know that already, so now it's up to you to either accept reality or be a troll.

My point is if it can be traded already then I don't think it should be up to you to decide when people should be able to trade it more safely and conveniently.


Of course it is. People selling and buying OTC is not something we can prevent or even care to prevent, it is 100% up to the adults making choices for themselves. But when you open a market on the largest exchanges you suddenly have a huge influx of complete newbies who take up A LOT of time and effort, we didn't want that until we had resolved all the loose ends that revolutionary technology inevitably brings. IOTA, while being inherently the most decentralized architecture from a technology POV due to impossibility of forks and no decoupling of verification, as well as completely fair ICO with zero premine, is still mostly focused on real world adoption via companies. So while it's grassroots and activist in one sense, it is very much a pragmatic real world technology movement rather than an ideological one, so therefore it is entirely up to us how to best execute it, which we have been 100% open about from day 1.

You should at least stop the trading in your Slack Channel, when I connected to iotatangle.slack.com as a Slack Newbie, the appearance was that IOTA Team is controlling this chat. But a scammer conntacting me with the same name and picture like one of your IOTA Devs, inspired confidence. That was the reason I was scammed.