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Shit. Just as I convinced all my family and friends to move out from whatsapp and I uninstalled the stupid green app. What do we get to do now?
I was recently pulled onto Signal by a non-techie who values his privacy. I talked to him about Matrix/Element and he had no idea what that was, but was very happy with Siganl. I must admit, the app is very nice. All I had to do was give it access to my contacts and bam, I am now able to chat with all my contacts. By comparison, Element is much more like a chat program than a phone messenger. It's good for "I want to…
Agree, I've been using Matrix/Element, and it's a bit slower/buggy but seems like it'll be around for longer.
Edit: Apparently my guess was correct. Quote from sec.report: "MobileCoin, Inc. is regulated by the U.S. Security and Exchange Commission and incorporated in the state of Delaware. For financial reporting, their fiscal year ends on December 31st. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by MobileCoin, Inc.." MobileCoin was also initially financed by Binance Labs.
> of which the issuing organization controls 85% of the supply. [citation needed] > This token then floats on a shady offshore cryptocurrency exchange hiding in the Cayman Islands or the Bahamas, where users can buy and exchange the token. The token is wash traded back and forth by insiders [citation needed] > insiders are free to silently use information asymmetry to cash out on the influx of pumped hype-driven buys…
Shit. Just as I convinced all my family and friends to move out from whatsapp and I uninstalled the stupid green app. What do we get to do now?
I realize everyone here seems to hate it but couldn't you just keep messaging and ignore the availability of a payment system?
Now I am ashamed to swallow again all the shit that I supported from my colleagues who said that in a few weeks I would be asking them to switch to a less-evil place than signal. And here we are.
The piece doesn't note the additional fun fact that the website to buy the tokens is blocked in the US presumably to avoid an SEC investigation. edit: Blocked at the cloudflare level without even an explanation of why if you go there.
It's absolutely hilarious, the SEC has gone after so many different coins, ICO's and exchanges now who have gone to far greater lengths in excluding Americans. The first person who gets around it opens you up to all sorts of civil and criminal charges.
I don't understand how after years of this happening any company thinks it's somehow safe with nothing more than an IP geofence.
I'm baffled how tech-savvy people like the author are surprised when a seemingly free product suddenly introduce ways to monetize its service. There is no free lunch or to put it in another way, if you're not paying for the product, you are the product.
Personally I'd like to pay for things (would like a system to manage it)...