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544 points josh2600 | 4 comments | | HN request time: 0s | source
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vitno ◴[] No.26714666[source]
I am incredibly disappointed in the Signal team. I don't want cryptocurrencies (or even any payments!) in my primary text app. Crypto/blockchain is fine, but if I want to use it I'll download a different app.

I'm finding this announcement creates some uncertainty in my head about Signal's long-term future.

replies(1): >>26714776 #
fastball ◴[] No.26714776[source]
How did you want Signal to monetize?
replies(2): >>26714825 #>>26715585 #
RL_Quine ◴[] No.26714825[source]
> Signal Foundation is a 501c3 nonprofit. We’re proud of that designation and we’re out to prove that a nonprofit can innovate and scale as well as any business driven by a profit motive.

https://signalfoundation.org/

replies(1): >>26714842 #
1. fastball ◴[] No.26714842[source]
Unsurprisingly money is still needed to pay for development and hosting costs, and Brian Acton's loan won't last forever.
replies(1): >>26715262 #
2. vitno ◴[] No.26715262[source]
This explicitly doesn't monetize Signal so this line of argument isn't particularly relevant.
replies(2): >>26717094 #>>26721264 #
3. TameAntelope ◴[] No.26717094[source]
There seems to be a very large amount of outstanding coin that the founders just happen to control...
4. ranguna ◴[] No.26721264[source]
The CEO of the coin itself said they they are planning on donating a lot of money to signal in the future.