Hey,
Much as I like your conspiracy theory about Beam
, I think it is a much more boring and straight forward money grab operation, like people been sayin this. They couldda been a showcase win for Mimblewimble, but became a well-known crypto dumpster fire. Beam started as a for profit corporation with investors who were promised the Crypto Lambo Moon, and with miners who are fleeced with a 20% mining tax! Tho one thing that may support your theory though is how paranoid Beam and its people are about hiding the fact that they are an Israeli company. They definitely have something to hide! Beam admins delete all non-sycophantic posts in the social media channels they control.
Either way, I think Beam is scam because they collect 20% mining tax, then dump it driving the price down daily, but tell their peeps to HODL. If you held BEAM since the beginning peak pump, and every day thereafter, YOU LOST MONEY 
. On top of that, they use exchanges that report massively inflated fake volumes. Funny thing, BEAM Corp promises to hand off the reigns to the “community” and stop the tax in five years. The community will inherit a nice pile of bones, with the meat cleaned off them through five years of intense corporate feeding! They are also very disdainful and ungrateful towards the Grin community, playing up the recent 51% Attack on the Grin network which resulted in a double spend. Anywaze, bad eggs all around.
Much as I like your conspiracy theory about Beam
, I think it is a much more boring and straight forward money grab operation, like people been sayin this. They couldda been a showcase win for Mimblewimble, but became a well-known crypto dumpster fire. Beam started as a for profit corporation with investors who were promised the Crypto Lambo Moon, and with miners who are fleeced with a 20% mining tax! Tho one thing that may support your theory though is how paranoid Beam and its people are about hiding the fact that they are an Israeli company. They definitely have something to hide! Beam admins delete all non-sycophantic posts in the social media channels they control. Either way, I think Beam is scam because they collect 20% mining tax, then dump it driving the price down daily, but tell their peeps to HODL
. If you held BEAM since the beginning peak pump, and every day thereafter, YOU LOST MONEY . On top of that, they use exchanges that report massively inflated fake volumes. Funny thing, BEAM Corp promises to hand off the reigns to the “community” and stop the tax in five years. The community will inherit a nice pile of bones, with the meat cleaned off them through five years of intense corporate feeding! They are also very disdainful and ungrateful towards the Grin community, playing up the recent 51% Attack on the Grin network which resulted in a double spend. Anywaze, bad eggs all around.