@lissajous I think by now you should have understood that this project is not meant to reach global scale anymore. It serves to create monthly anonymous paychecks to @Phoenix and @jooize, both of whom refuse to disclose their income earned through Nu and paid by shareholders. All relevant developers (@sigmike, @woolly_sammoth) were willing to disclose their income, and surprisingly they only accounted for (too lazy to look the precise numbers up) 5% to 8% or so from all expenses paid over the course of three months. There have been payments of almost up to 10,000 dollars. I think 4 of them within 8 weeks time. It is still unclear who rendered services to Nu for that amount of money. Demands for explanations have been refused with the typical answer, which is “we must protect privacy”.
By now I think you understand that a liquidity operations business will only serve a very small community that accepts all this scammy activity by @jooize and @Phoenix. Never would it grow and turn into a global stable digital currency with that level of transparency provided by @jooize and @Phoenix.
Anyone buying Nubits must be completely nuts, as @jooize is sitting on Nu assets worth well over a million dollars. He protected one of the biggest scammers in crypto, which is @JordanLee /@Phoenix. He even protected him, when @JordanLee told the community that he has been hacked three! times within 2 or so months and “lost” significant shareholder funds, among which is the complete B&C dev fund.
@JordanLee played this smart and @jooize keeps it going as it is a steady stream of income for him. Front-running buybacks, writing checks to himself, and always the option to run off with a million dollars in Nu assets or just tell the community (like @JordanLee did) he has been hacked and everything is gone, whatever the final outcome will be, there are good reasons why Nu is at where it is at today. No exchanges, ridiculous market cap, and a single person sitting on over a million dollars of Nu assets calling himself Vice Chief of Liquidity Operations.
When you ask for transparency, they answer two things: 1) we must protect privacy and 2) we are the most transparent business in the world already. They make fun of those asking legitimate questions. They argue with “NuLaw” and let you look like a clown. They wear fancy titles (which actually makes them look like clowns, but they are super anonymous, so it doesn’t matter). When you ask for a refund of the B&C dev fund, they contradict themselves. It would take so much time to reconstruct everything (what? the most transparent business in the world makes it hard for you to come with true numbers?). When @Phoenix lost hundreds of millions of shareholder Nushares, he said “I apologize”. That again is making fun of people who have invested their hard earned money into a project they believed in. No consequences for him, nothing. He could have easily dumped most of those shares into his own hands by putting very low buy orders on an exchange. Someone reported to have bought NSR at a price as low as 1 satoshi. “I apologize” and that’s it.
They don’t reveal their identities, I understand that But here is the thing: even in crypto the world is changing. NEVER EVER would anyone with decent pockets and a normal brain touch an ETH ICO aiming at providing a stable currency if the devs were not willing to disclose their identities. There are good reasons that everything is like it is. @JordanLee has scammed people for years now (special seed investors get Nushares and Blockshares at a discount, you know?), and he has many reasons to remain anonymous. Btw, as a consequence of embezzling shareholder funds for three times within two or so months, he handed over most of Nu’s assets into hands of another single actor (@jooize), who ultimately is subject to @Phoenix by motion, as @Phoenix never resigned despite his failure. Are you getting how funny these guys are? It is absolutely ridiculous.
I come back from time to time only for the reason to keep making people aware. I know when I was new to crypto, and it is so easy to be scammed then. You can’t judge the situation and you put your focus on the idea and not the team in the first place. Then you like the idea and get scammed because the team consists of scammers. That has completely changed for me. Team is absolute priority, then idea. It should be like that anyway, but we are all human beings and admittedly, @JordanLee has played this very, really very well. Congrats for that @JordanLee.