/biz/ - Business & Finance

>>8004328
>buying a wealth redistribution scam coin

>>7829446
Hahahahahahahahahahahahaha it's real
I remember fudding this coin before it was cool after reading about the history of its founder and dumping my stack like a used up thot

>” This was not part of some unspecific rant. Ms. Burzlaff and Mr. McCaleb had already ended their relationship. But Mr. McCaleb was limiting his own contact with his children to “the point where [Ms. Kim] was going out of town so he was still trying to sneak in a time to see them.” Ms. Kim supposedly cancelled her trip “one hour before he was supposed to pick them up because she found out he was going to see them when she was going out of town. She’s that insecure.”

>On May 22, 2014, Mr. McCaleb announced via a posting on Ripple Labs’ message board, “I plan to start selling all of my remaining XRP beginning in two weeks. …. So just fyi…. xrp sales incoming.” The announcement by a founder that he intended to dump 9 billion units of the currency he helped create was perceived as a threat by all who cared about Ripple Labs or held XRPs. It would be hard to imagine a founder and board member of a public company announcing he was going to flood the market by selling his stock; that would be an obvious and illegal attempt at market manipulation, not to mention ridiculously juvenile.

Legit good read http://observer.com/2015/02/the-race-to-replace-bitcoin/

>>7822252

It's on their website. So stellar.org is FUF now?

Can someone answer this for me?

>>7816623
The coin fuds itself desu. Sold all my lumens when i found out that the sjw lead dev and his goom girlfriend/cofounder hold 80% of the total supply and plan on giving most of it away for free to niggers in Africa.

>>7798528
Stellar is unironically a wealth redistribution scheme. I mean i guess that's fine if you're into charity, but it's not an investment, as lumens because they're going to be continually flooding the market giving away free lumens to pajeets and obongos. Their website even says this.