On top of being the most centralized crypto in existence (one iota coordinator controls all iota transactions), #iota is also the most active token printing machine. 🧵
#iota monetized its testnet, codename shimmer, printing 1.45 QUADRILLION new #smr tokens into existence, thus sabotaging its main token #miota.
Jan 3, 2022 • 5 tweets • 3 min read
Why is #VeChain rushing into launching its own #VeUSD stablecoin ?
It all started with this tweet from 3 days ago :
Excuse me for asking a brutal question, but what's the difference between the @Strongblock_io#STRONG scheme and a pyramid/ponzi scheme ? Where is the money coming from if not from newer node buyers ?
Spending $5k on a node & recovering that investment in 3 months is kind of 🚨
"A #strong node does NOT need your computer to be on in order to be active AND is NOT a validator or miner type node BUT can prove transaction history."
So, you buy a node that you cannot 'control'. You trust @Strongblock_io to do something with the node money. Is this correct ?