Hello fellow n00bs,
I've noticed that BFL only seems to advertise their vaporware products on the n00b section. There are reasons why and I'd encourage you all to do you homework to form your own opinions about what those reasons may be. A good place to start would be
https://bitcointalk.org/index.php?topic=150803.0If you click on their advertising and look at their "Monarch" vaporware you can see that it's a fairly simple rendering of somebody's imagination. Good luck finding a picture or video of an actual working chip, much less a working device, because they may not really exist. In the experience of many, including me, their customer service is legendarily non-existent and guess why they only accept payment that is non-refundable? No more credit cards or Paypal for them. I suppose too many forced refunds?
BFL's clearly discernible pattern is to promise, promise, promise delivery at some vague point in the implied near future, maybe in "two weeks", and then find one problem after another thus delaying delivery. Maybe they're just total dipshits and this is difficult work to do and they really _believe_ what they're saying. Nobody can get inside their minds and know for sure, but a possible alternate explanation is that they're scammers.
Another theory of their apparent fraud is that they mine with the chips and completed devices for their own benefit and delay delivery to the end-users as long as they possibly can. By the time you get your little fingers on one of these devices, 99% of the BTC it will ever generate in its lifetime has already been taken. Enjoy the scraps my friends!
