/biz/ - Business & Finance

IOTA is a scam. It's not even a coin, it's a token. The Tangle does not even exist, what most people think is IOTA are just tokens on a private network run by the IOTA devs. If you put your money into it, you will have only yourself to blame, it took the dev team forever to figure out how to even write working wallet software for their token, and you think they're going to create a whole new technology?

Get fucking real. The UN thing is just more of their partnership hyping, like with IBM and Fujitsu.

t. Sold 40k in Feb when I realized it was never going where I thought it was

>>8662023
I don't know if they are the wrong people, but what they're doing is wrong. They are constantly lying and dodging questions and sperging out at anyone who criticizes them. Maybe they really can make their product, who knows. But that is a step they shouldn't have skipped.

At best, IOTA as it exists today could be considered futures as best, since the Tangle does not actually exist. Hence why it is a scam: these are tokens running on a stand-in.

Are XRP and BCH being kept alive by the South Korean banks?