/biz/ - Business & Finance

* 10% inflation, meaning you are forced to stake your IPC to combat this.

* 6 months lock up period in a highly volatile market sounds really sketchy. You can potentially miss selling at a market top.

* 20-year roadmap, like jesus fucking christ the balls and hubris of this alone should be enough to deter the average investor with room temp IQ.

* Huge amount of ICP was/is still held by early investors and the ICP team. At listing time every team member held an ICP amount equal to 150.000.000 dollarinos, Yes you read it right.

* The governance, burn and voting rewards are directly linked and proportional to the amount of ICP you held, meaning that they, the whales and founders can basically vote on whatever the hell they want and they get most if not all rewards.

* The founder who has some sort of god complex calls himself President/Chief Scientist was rewarding 100 ICP to doxxx redditors spreading fud. If that isn’t a red flag I don’t know what is.

* The code is completely unverifiable and most of it is patented.

* You have to KYC and have special and approved hardware to run a node.

* The open goal is rule not only Silicon Valley but our entire information infrastructure.

* You are unable to interact with most of the internet computer without and internet computer ID.

* If they “vote” to kick you of the net you are gone.

* The internet computer is able to track your every move through out the entire network based on your ID.

* There’s no way for you to stay anonymous and there’s a large risk that KYC will be required by governments in the future..

* Dominic Williams held a tech speech about the ICP at Davos 2020. ICP will be the internet for the new world order which is the antithesis of what crypto promises to deliver.