it was quite apparent what was going on when he starting trying to shill his token with promises beyond reality.
While I do believe from what i have read that Risto has defaulted on some obligations, from what I know of him elsewhere, I suspect the principal deceptions were self-deceptions. It seems likely that the dissonance between his honorable intentions and the outcome of some earlier unwise decisions is creating internal stresses under which one might easily crumble. Such times test men's souls. Clearly, from the red, he will not escape with reputation intact. I do hope he can come out the other side with his moral integrity and his health intact. Creditors should wisely will themselves to agree, as without them their haircuts are likely to be close to the skin indeed.
I have always felt risto thought he was above the common man and he has said so himself so I am in no way surprised as I watched him manipulate people when trying to acquire or unload. I have not had personal contact so I could be way off base but this is my opinion and we all know what they are worth. I do hope he gets help and makes everyone whole but I do not see that coming anytime soon. I also think he is hiding behind this mental issue as a way to cover up his deceitful actions.
it was quite apparent what was going on when he starting trying to shill his token with promises beyond reality.
While I do believe from what i have read that Risto has defaulted on some obligations, from what I know of him elsewhere, I suspect the principal deceptions were self-deceptions. It seems likely that the dissonance between his honorable intentions and the outcome of some earlier unwise decisions is creating internal stresses under which one might easily crumble. Such times test men's souls. Clearly, from the red, he will not escape with reputation intact. I do hope he can come out the other side with his moral integrity and his health intact. Creditors should wisely will themselves to agree, as without them their haircuts are likely to be close to the skin indeed.
This reflects well my own thoughts. From the beginning I have been worried that CK could end up a liability. Looks like it sort of did.
The elephant in the room is the possibility that RP still holds 100s of K of monero... under these new circumstances what can we expect?
Fuel for speculation indeed...
Personally I think this coin can weather anything now including a complete dump of those coins and we both know he is not stupid so he will not dump them without getting every cent he can wrangle out of them so I have no fear of more damage than just the fact that he was a figurehead of the project. That should be a lesson that you do not follow whales and put them on pedestals. I never understood why people did in the first place. Like I said in the other thread, if this had happened say a year ago it could have crippled the project and it might never have reached the heights it has ever but now it is just a small bump in the road. But if he does dump then it would surely prove his instability, So come on Risto Dump that shit on all of us that are not groveling at your feet already.