Comment
Comment by root_axis
I'm a big cryptocurrency skeptic, but if they had used a more reputable coin instead of a pre-mined coin distributed in such a fashion as to enrich the founders, they could have avoided most of this backlash. People who aren't enthusiasts already understand that the raison d'etre of the cryptocurrency landscape is to get rich quick, but these guys got so greedy they've even pissed off the enthusiast community. Unfortunately for Signal, the thrust of its popularity is among those users who have a pet peeve for the term "crypto" used as a shorthand for "cryptocurrency" instead of "cryptography". It'll be interesting to see Signal's public statement in regard to this PR disaster.