Quote from: LoyceV on September 27, 2023, 10:47:30 AM

Quote from: Z-tight on September 27, 2023, 09:55:24 AM

From what was said by the founder Feng Xiaodong^[1] they lost ~~50%~~ 100% of customers' money, but they would refund 50% through issuing bond tokens out of thin air for the victims to claim, and this bond tokens would be repurchased by the platform in the future. I don't think that's going to happen, and i believe Mixin network may be insolvent right now.

That sounds a lot like what a large exchange did in the past. Who's going to buy made up "bond tokens" of an insolvent company hoping they won't lose more money in the future?

Why is it so hard for you to understand that there are tons of people who will still buy it despite the fact that company is insolvent? Look, everything depends on how you lie to people and believe me, a lot of people will look at their bond tokens like the best opportunity to invest in an innovative (they will wrap their product as innovative and a lot of people will believe it) company. Mixin also will offer them best terms to attract as many people as possible to sell them.
It's easy, you and me won't buy it but billions of people will because people lack critical thinking. You know what? When people ask medical questions to google, they aren't looking for Mayoclinic links, they visit the first link that Google shows them and this first link can be a website of snake oil salesman.

Quote from: hugeblack on September 27, 2023, 02:59:01 PM

I was not enthusiastic about the idea, and I saw that the system was complex and difficult to understand for the average user, let alone a beginner, but I was really surprised that there were 100 members who had conducted reviews for this service. I did not read any of them, and I do not know how they were able to understand these complexities.

But after 100 members participated in that review campaign, I began to believe that it was a good service and that the problem was me.

It wasn't really that complex, the set-up process was way long and annoying, that's all, once you were signed up, it was normal to use but nothing really attractive. The way messenger, wallet, key and other apps were connecting with each-other was definitely one of the worst one can see.