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Telegram has raised an initial $850M for its billion-dollar ICO

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101–108 of 108 posts

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#101
post #49

One of the wealthiest russians Roman Abramovich invested about $300M in Telegram. https://en.crimerussia.com/oligarchs/roman-abramovich-invest...

That means that Roman Abramovich is the largest investor in Telegram ($300M is 35% of $850M).

The only question is - was it business investment followed by will of Abramovich or something else?

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#102
post #92

Earlier quoted context omitted.

ICOs aren't decentralized. They are tokens sold by an entity that premine them and generally control most aspects of the project. There might be exceptions, but I can't think of any.

So are you saying when Ethereum did ICO it was not decentralised? And you do realise this will have its own blockchain and only reason there needs to be a blockchain is "decentralisation".

Ethereum didn't even exist when it ICO'd, neither in code or in blockchain.

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#103
post #59

Earlier quoted context omitted.

unless

I chose "until" specifically because finding a good use case does not justify any of the shenanigans that happened before that discovery. The word "when" doesn't carry that connotation, and "unless" doesn't either - though I'm guessing you chose it because it implies we may never find one?

We may as well do, but unless that actually happens, it's going to continue being just wishful thinking.

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#105

Earlier quoted context omitted.

Was the Signal protocol reviewed in 2013 when Telegram was launched? It seems it was developed in 2013. I'd say the biggest problem with Telegram is the fact that E2EE isn't enabled by default and no one (that I've chatted with) uses it.

The official desktop client doesn't even support it, after years of people asking for it. Telegram is basically equivalent to Hangouts or any other random chat app, if you care about security.

Yup, terrible. The native macOS desktop client (available in App Store) actually supports it. At least it did when I tried it.

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#106
post #61
post #2

Isn't their crypto implementation still private?

Given that their crypto implementation is not even actually used, this seems like a red herring. Telegram is not an encrypted messaging app.

That's a little misleading. Telegram supports "secret chats" which are e2e encrypted. See https://telegram.org/faq#q-how-are-secret-chats-different and https://core.telegram.org/api/end-to-end

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#107
post #28
post #26

Earlier quoted context omitted.

If I own shares of Google, there are two methods of earning money. Appreciating of the stock or dividend payments for my share of profits. ICO only offers me the speculation part.

GP may have selected GOOG because it does not pay a dividend (like BRK.A).

Neither did apple, until it did. But regardless, the appreciation is there. Google reinvests profits and buys back stock thus adding to the capital appreciation of their stock (something that yields better tax advantage than dividends anyway).

Re: Telegram has raised an initial $850M for its billion-dollar ICO

#108
post #61

Earlier quoted context omitted.

Given that their crypto implementation is not even actually used, this seems like a red herring. Telegram is not an encrypted messaging app.

That's a little misleading. Telegram supports "secret chats" which are e2e encrypted. See https://telegram.org/faq#q-how-are-secret-chats-different and https://core.telegram.org/api/end-to-end

I think that’s more misleading. Certain telegram clients support encrypted chats, which are never ever used by anyone.
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