Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
Acalon
on 26/07/2017, 15:21:23 UTC
The hack is dissapointing and i think we deserve a real breakdown (with detail) of what happened exactly. Keeping it vague is not the best policy to engender trust. Personally I have to look at Reggie Middleton as a person to decide how invested I am in this token, Veritaseum is very much operating as a traditional business riding the wave of a new technology as most most great companies have done in the past. Essencially though we as "investors" are more exposed to potential fraud than would be possible under normal circumstances, for this reason the person behind the company needs to be beyond reproach. I have found nothing to indicate that Reggie is an untrustworthy character so far, he is in his 50's and you would expect some history of previous dodgy endevours and scams. There is more to gain by running this company responsibly and building it up than to risk that by some clever inhouse scam, the risks of running a scam and potentially scamming the Jamaican Stock exchange in the process is equivalent to signing your own death warrent in my opinion. Not something I thin reggie would be foolish enough to do. So yea, he has the power to make or break this endevour and in the process make us a fortune or cause to us to loose the same. Do you trust the guy? Personally i see someone who is ultimately quite trustworthy although not perfect, I am going to hold and keep supporting this project online and in person, my bet is on the person though, not purely the product. As any good investor you look at people behind the product to try and judge wether they are invested and capable in bringing the company to fruition.