Quote from: HomoHenning on August 11, 2018, 07:28:07 PM

Quote from: Big Naturals on August 11, 2018, 08:34:32 AM

Quote from: HomoHenning on August 11, 2018, 05:08:28 AM

the problem is that the tech is not working and will not working in the near term. big partners are just experimenting and also with other cryptos. Also they will choose the best option which is at the moment not IOTA.
regarding legal issues.... look closely into the leaked script, search for IOTA AS...

Sure, there is a lot of uncertainty with Iota but CfB is one of the all time crypto dev legends , so IMO the risk with the tech is well worth taking.

As for Iota AS it sounds like some of the founders have created a company for their own personal projects within the Iota ecosystem, like RedHat , which makes sense. As long as the Iota foundation governs the protocol itself it's better for the foundation guys to have their own money making businesses as separate legal entities, they can't exactly pay themselves millions from the non profit foundation even if they deserve it for all the value they've created, just a regular salary, so having their ownprofit generating businesses that add value to the whole ecosystem is fine with me, but sure, let's wait and see what happens, I love a good conspiracy thèory, but this looks like good ole common sense, just some legal separation to prevent conflicts of interest getting misinterpreted by paranoid crypto guys.

you overstimate the impact of CFB. when it comes to adoption, he can't help any more. also his tech doesn't work yet. also just look at his previous pump&dump projects like NXT. NXT is now at rank 82 with 80 million MC. It was valued at 2 billion in December. This can also happen to IOTA

CfB left NXT in 2014 when Jean-Luc took over as lead dev, but there's no doubt NXT and Iota are both cutting edge tech, and neither is a pump & dump, just at the mercy of the crazy crypto market as is every other coin and token, but yes i agree , CfB isn't in charge of adoption, but the foundation is well suited to guide that, and reports are they're employing nearly 100 staff within a couple of months. That's why if by early next week CfB and Popov are on the board this has ben a good result!

What does concern me though is the pre leak dump, that smells like potential insider trading, the timing and volume suggest someone had advanced knowledge of what the board were discussing and got nervous and dumped. If the source of the leak and dumper are inside the foundation then that could get someone in a lot of trouble, the dump was millions of dollars worth, and non profit foundations involved in insider trading is a bad look.

Edit, I don't mean whoever leaked the discussion to the community did anything wrong, that was an act of disclosure, I mean whoever tipped off the person(s) who dumped before the board chat log was made public, they could easily be another person, and maybe not directly involved in the foundation .... could be pillow talk, or even a case of the foundation communications being hacked .... who knows, hard to prove, but a worry none the less.