Oddbean new post about login | logout So much of what people are claiming are Mutiny issues are actually permanent structural issues with Lightning itself for as long as we do not have covenants. (Yes I’m oversimplifying for brevity) Bitcoin has scaling limitations. Dunking on devs and rooting for their failure just helps ensure we won’t get the apps and companies we need in the future.
No, he raised enough money to say fuck you and ran
Are you claiming they stole money? That doesn’t appear to be the case. Even investors such as @HODL have come out and said they don’t think anything shady happened. So no money appears to have been misappropriated. They gave very advanced notice that it’s shutting down so you can take out your money easily, and no users got rugged. They transparently described many struggles they’ve had along the way, both in blog posts and in podcasts. Hence how I know not have covenants is/was frustrating.
You call it dunking on devs. I call it asking for clarity and transparency.
They have a public blog post answering every question you asked minus giving exact dollar amount which isn’t a fair expectation
“Fuck that and fuck them unless they’re more forthright with everyone about what’s going on.” so polite!
Yes and gfy too 🫂 I’m just speaking in Tony’s native tongue.