Past historyThe Protoshares / Invictus people are involved with this. For anyone who isn't familiar with their products like Protoshares, I'm not even kidding or exaggerating here, they're a combination of 50% crypto-fascism, and 50% crypto-socialism. I'm not sure if they will even bother trying to refute this claim since the dictionary definitions line up exactly with what they have attempted to create in the past.
Occam's Razor - Never heard of itJust like Sunny "The Taxman" King, the Ethereum people have never heard of the word "Occam's Razor". There are hundreds, if not thousands of Arbitrary variables in Ethereum they get to tinker and play God with. Bitcoin is popular because it's a simple, straightforward, trust free system. You don't have little leprechauns behind the scenes randomly assigning values based on whatever they feel like that day. All people want is freedom from bankers, they do
not want some bizarre, poorly thought out, weirdo economic system forced on them that looks like it was designed by Mussolini.
Goldman Sachs? Are you seriousAccompanying the previous point, we have alleged Goldman Sachs involvement:
http://bitcointalk.org/index.php?topic=431938.0IPO Scam and premine - CheckWhy have only one scam when you can have two at the same time !
Things nobody wants or needs - CheckIt's not even a currency. You're initially being sold as getting involved with a currency, yet their plans include things like moving a large portion of the IPO into the establishment of a "decentralized autonomous organization", another Protoshares buzz/scam word. Just like every other variable in this plot, they don't even bother listing what the purpose of such an entity is, or why you should want it. You might as well be investing in decentralized, autonomous, robots armed with machine guns. There's just zero reason for you to want any of this stuff to exist.
Not this againThe past Invictus / Protoshares people have always been knee deep in scandals involving pre-mines in things like Memory coin, or "Freetrade" and all his baggage.
The bottom lineThis is nothing but a rebranding of Protoshares, an already failed concept.
I could go on for days. It makes me almost physically ill reading anything remotely affiliated with Invictus / Protoshares people.
this amount of premine and greed with Ethereum devs are of epic proportion. good luck to those "invest" in this.
They do have ex Goldman Sachs members on their team. Those guys are taught to "leave nothing on the table". This IPO was created and structured by Goldman guys. This is why it leaves zero crumbs on the table for the average guy.
My personal opinion: Do you really think a all-in-one package coin will be a revolution? Bitcoin is a success because its simple, made from scratch, for people to transact on their own terms, and thats it.
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