iotatoken=david=shit
IOTA=SCAM
so fuckin simple, just watch and learn at their moderated forum.
"scam" implies a malicious intention,
Great point.
Now Id say its not a real scam, its just incompetence. The scam is an opportunity, not originally planned for.
IoT is very attractive, its an enterprise buzzword, so of course it attracts real people with real good skills, but the founders and leaders, are just incompetent, both technically and socially obviously, and are delivering vapor, "almost-good" "we will have it ready soon" "from day 1 we knew we have to build asics and sell that duh".
The train is in full steam ahead, the crash wont be spectacular, good parts will fall out of IOTA. But it wont be the one and only machine economy infrastructure or anything like that at all.
may I ask for your qualification?
you seem to be better than every genius in the iota-team
Let me explain like this,
Even if I cannot paint like Picasso, I can still tell that your painting looks like shit and Picassos doesnt.
Even you should be able to see Iota for what it is, if you had not invested in it and now your critical-thinking is malfunctioning. You just want it to happen you just want it to work. You just want the damn money. And you and I both know, IoT micro-transactions market exists, corporations are dying for it even today, they want it. They want to sell their sensors data in automated fashion.
Look at it from a different perspective, if you are developer of IoT applications, from all the developer platforms out there, and all the chips, how many support the non-existent Jinn-machine/power-hungry ASIC? How many chips today need a power-hungry ASIC, extra-chip integrated on a micro-controller, in order to "broadcast txs to other nodes" for anyway not receiving any protection? I am telling you, 0, zero, none. You do not need it, in fact it is an extra cost, both in integrating it with micro controllers, and various IoT platforms, maintaining it, and in your application - all for what? "Zero-fee transactions"? For not having any more protection of your "IoT nodes" txs than SSL/TLS already today offers if you anyway talk to a full node under your trust.
Byteball does it better, and it does it much better. The fees are minuscule to what you can do, if you have 1Gigabytes, you can do 826 000 txs, and if you dont want your IoT device to "run out of balance to send txs", a declarative smart contract away puts the fee of 580 bytes on the buyer of your sensor-data.
That is all it takes, a declarative smart contract in Byteball, a very light wallet, put 600bytes on all your IoT devices, and sell their data at market prices. Buyer would pay 600bytes (tx fee) plus your set amount to buy say weather or such data. When you receive it, your IoT devices give that. Byteball also supports Oracles so all this can be done decentralized. If you dont want the very light wallet on IoT device (to develop it now), or to put any bytes on each device, you can use already made HTTPS API in all IoT development platforms and talk to your full node wallet. It cant get any simpler than this.
But anyway, good luck with it all.