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Re: BFL is keeping a portion of first batch chips for their own mining farm
by
Syke
on 24/03/2013, 21:52:20 UTC
Q. You are going to have an unfair advantage when it comes to mining equipment, you’ll be able to get as much as you want before anyone else!
 A. I will not be expanding my mining footprint as it would be a conflict of interest.

Lets say he does what you said, and doesn't set aside any chips for the IPO. Now a few customers get their chips a few weeks sooner, and it's a giant FU to all of those who bought into the IPO (which does not include me).

Sounds like the IPO in the first place should have never been offered. It is in direct violation of his own promise to avoid a "conflict of interest".