RE: An IMPORTANT update about IOTA 🚨 major concerns, partnerships and clarifications
My humble experience in this field is, that if there is lots of FUD around a project, then there is a reason for it. So do I say to panic and believe any FUD? No, but I have been with other projects (like SUB) and every criticism was rejected as "Don´t listen to this stupid FUD" and I chimed in until I saw myself, that there was a reason for it and the reality was even worse than all these "FUDsters" wanted to make us believe. I learned, that I should have listened to these objections, because most of the times, FUD is not spread out of the malicious intent of competitors but simply is what it is: a clear warning to look deeper.
That being said, I see that your are doing your research and looking at the pros and cons - which is a good thing - but for me, the signs that there is something going horribly wrong with IOTA are also obvious. Besides all the facts (and my own bad experience with nothing really working - wallet, withdrawals etc), my gut always gives me a warning when I hear about IOTA and I share this with people, so that they can be cautious. But hey - it´s just my intuition and I hope for you, that I´m wrong. :)
Hey @atmosblack thanks for your critical opinion. I like such comments much more than these "IOTA to the moon" stuff as you know what I mean. I like to get an idea how other people see this project as I might be (really) biased because I invested - for a student - a lot of money (probably peanuts for others^^). Your points are valid and if I see any red flags in the future I'll probably switch my investment to another crypto, but so far I'm confident with the project. I'll definitely keep an eye on the progress.
Btw. I think I know now about which crypto you talked in your "Snake Oil" article. hehe :)
You are very welcome - right, the snake oil article was about SUB and it´s good, that I listened to the signs and withdrew my investment (and still doubling my money). I moved all my funds over to EOS and I couldn´t be more happy about my decision. My initial goal was to invest in a true revolutionary web 3.0 technology and I guess my money is better invested into EOS than SUB, because they have a clear roadmap they stick to and underpromise but overdeliver.