I can’t speak to the sustainability of Jordan’s liquidity engine model. I understand some still stick around here because they believe the model was not able to be fully tested and allowed to fail on its own, so they hold out hope that scaling up the NuBit supply would make it possible to generate revenue. I have already detailed my thoughts on how this liquidity engine model is supposed to work and I did so with the best of intentions, to bring about a better understanding of the model for shareholders.
However I was ignored by @Phoenix the first time I posted it and when I brought it back up later I was told by him that he didn’t have the time and that he would get back to it later. I find this avoidance of the subject suspicious. It makes no sense to me that he would not want everyone here to understand exactly what he is trying to accomplish.
Detailing his model for everyone and answering important questions is one of the most important things he could do to regain the trust of shareholders and bring about a greater understanding of how the network is supposed to work in a sustainable way. It makes no sense that he would want to avoid this subject because it is the source of all the arguments about Nu’s financial sustainability. Clearing up misunderstandings about the model is a no brainer to get people on the path of moving forward once again, yet he avoids the subject like the plague. I can only think of a couple different reasons…
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He doesn’t want to reveal Nu’s trade secrets and would rather keep this vital information to himself and away from competitors and is just trying to get us all to go along with it in a “you’ll see eventually” attitude.
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He’s a liar and a scammer and avoids the subject because attempting to answer questions about the model would just draw attention to this fact. He places a full understanding of the model out of reach on purpose in order to draw in new investors that think he’s got all the answers.
Because of the following things, I’m inclined to believe it’s the latter…
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He switched identities from Jordan Lee to Phoenix without explanation and has also created other temporarily used identities that he used to praise himself and his actions. He ignores all questions about it.
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It has been proven that he owns the majority of the network, yet everyone here thinks it’s ok that he votes to reward himself with large amounts of NuShares which just makes the distribution even worse.
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Instead of putting forward valid arguments and using logic when rebutting someone, he instead attacks the person or their character, calling people who disagree with him trolls, saying that they care more about community than building a sustainable money making business, claiming they’re emotional because shareholders rejected them for unprofessionalism (what proof?) and engaging in conspiracy theories without evidence about the identity of one of his harshest critics so he can slander them. These are all signs of someone who is hiding something. Instead of arguing with facts he tries to personally attack and slander his opponents, calling them rebels and traitors.
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He has ignored very important questions about the handling of money and unauthorized transactions that were not approved by any motion passed by shareholders and may have broken NuLaw. These questions have been repeatedly asked by shareholders, yet Phoenix has chosen to repeatedly ignore them and give no answers. This is the most suspicious behavior listed here.
I personally can’t understand why any of you would continue to follow and place faith in this person given all of the above, especially the ignoring of major questions where he is suspected of wrongdoing. The first priority any of you should have before moving forward with any of his plans is demanding answers to these unanswered questions.
If there is no wrongdoing on his part then he should be able to easily answer them and defend himself. If he still refuses to answer them though, then you should know something is not quite right. No honest person would continue to straight avoid questions like these. It is more than suspicious! And more importantly, why wouldn’t you want to know these answers before committing to support such a person and his plans? Why risk your financial fate by tying yourself to a person who has a bunch of secrets like this about his actions handling large amounts of investor funds? How can you trust him to be acting in Nu’s interest rather than his own?
I challenge all of you here to call on Phoenix to answer these questions right now! Don’t let him get away with avoiding it anymore. If he can’t or won’t listen to calls for the truth, then you should know that this is a huge red flag to STAY AWAY!
