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Storj: Not a Dropbox Killer

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Re: Storj: Not a Dropbox Killer

#3
How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary.

What relation does he have with the project? He's not even listed on the team:

https://storj.io/team.html

There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000.

I don't get it. Don't understand why people want to get a lot of money, put a ton of pressure on themselves, and then put out a shoddy half-baked, half-finished product. You see this with almost all software now but the cryptocurrency craze has made it endemic. People who have shown nothing are getting 30 million dollars in funding. Shouldn't you earn it first? Isn't that healthy?

You guys don't need $30 million dollars to do stuff like this. You're lying to yourself if believe you do. This is $30k effort. How about putting your head down, shutting your mouth, building something great, and then showing the world? Is that crazy? You can only assume these people are more about $$$ than what they are building.

Re: Storj: Not a Dropbox Killer

#4

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

You can only assume these people are more about $$$ than what they are building.

Bingo.

Re: Storj: Not a Dropbox Killer

#5

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

You got it backwards. Put out a shoddy, half-baked, half-finished product and then get $30 million.

Re: Storj: Not a Dropbox Killer

#6

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

Are you asking why people take $30m in uncollateralized funding and release broken software instead of taking $30k with some (albeit very little) governance and attempt to release quality, value creating products?

Re: Storj: Not a Dropbox Killer

#7

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

99% of crypto is about speculation, not investment; there's less and less talk about real utility as the bubble inflates and the need for real code (or even real ideas) to support the narrative decreases. I'm reminded of 1999 when the proverbial shoeshine boys were buying every IPO with ".com" in the name, driven by the reliable twin engines of fear (of missing out) and greed (money for nothing). Look at the bright colored icons and fun-sounding names on coinmarketcap: it's a 24/7/365 global penny stock arcade. When you view coins and ICOs through this lens the current state of the industry starts to make a lot more sense.

Re: Storj: Not a Dropbox Killer

#8
Unfortunately for the author of this amazing (and cringeworthy) exercise, skeptics often put in a lot of effort, but receive practically no reward compared to the con artist.

Even the people who agree with and appreciate the effort of the skeptics are few compared to the number of irrational people who gladly follow the cons.

This is a bit radical (and probably outside the interest of HN), but if we somehow could remove personal financial need from society, imagine where our technologies might be driven?... instead of where they typically get hijacked and driven.

Television was once lauded as the future best thing to ever happen to education, but we know how that turned out. Same with the internet and web. And so on. Blockchain technologies are now the hottest and most ideal way to build a scam, because the audience is greedy and the technology is well beyond the comprehension of the average person.

Re: Storj: Not a Dropbox Killer

#9

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

Gordon Hall quit the team shortly after the funding completed. Same with several other Storj engineers, and their COO. A few days before the sale the CEO was demoted and kicked off of the board. They still don't have a replacement.

Re: Storj: Not a Dropbox Killer

#10

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want t…

You don't know why people want 30 million dollars for nothing?
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