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Signal adds a payments feature with a privacy-focused cryptocurrency

(www.wired.com)
544 points josh2600 | 2 comments | 06 Apr 21 16:23 UTC | HN request time: 0.404s | source
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Geee ◴[06 Apr 21 18:14 UTC] No.26715348[source]▶
There are 250 million units of mobilecoin, and majority of them are owned by the founders. Only 37.5 million have been distributed. With current price ($65), they're worth $14B already. This makes the project a scam and impossible for it to work as a reliable money that holds value. Bitcoin had no pre-mine and has been fairly distributed from the start.
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orph ◴[06 Apr 21 21:01 UTC] No.26717334[source]▶
Even UK-only release in Signal means more people with cryptocurrency wallets than all other cryptocurrencies combined.
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1. admax88q ◴[06 Apr 21 21:03 UTC] No.26717358[source]▶
Is the number of empty wallets of a cryptocurrency a useful metric in any way?
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2. mandelbrotwurst ◴[06 Apr 21 21:06 UTC] No.26717397[source]▶
I would say yes, at least to the extent that owners are aware that they exist and potentially become more likely to use.