Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
fluffypony
on 20/09/2017, 18:54:44 UTC
So, wait... is this "leaked" document intended to HARM this project somehow?

primer / dr-mike / monero_rs (same person) thinks that it's a massive scam and I'm using the money to buy myself a private jet and an island in the Caribbean.

If it's legit (seems possible to me) it looks great, to me: what's the problem? Why did that have to be "leaked" vs just part of the project explainer?

Per the FFS proposal section "Why the Secrecy?" - "Revealing any details might allow others to get ahead of this opportunity, so we unfortunately need to keep it secret." So partly to prevent other cryptocurrencies (some of whom had been offered this) from getting the deal, and partly because it's better to be able to reveal the details when it is a fait accompli.

The pitch is priced in BTC, oddly (not Monero LOL) but the values for the project assuming $4K/BTC now are about correct for Fluffy's FFS funding numbers.

Was originally priced in Monero because their CEO is a HUGE Monero fan, but I asked him for BTC pricing because I was originally just going to approach some whales and get them to put in BTC (more "stable").

Basically, seems to me that getting a strong toe-hold in a market niche like this -- that can then be expanded to e-commerce overall -- would be fantasic, IMHO.

EXACTLY - it gets Monero as a payment option on Shopify, at the very least, and brings in huge amounts of attention.