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5 sats \ 4 replies \ @Majjin 12 May 2022 \ on: David Marcus is Launching a Lightning Network Project Called Lightspark bitcoin
The VC funds make me very skeptical about this project. Let's see where this goes.
i’m quite optimistic about the VCs. the fact that the largest crypto funds in the world are taking a shot on lightning companies marks a major inflection point imo.
they all invested in lightspark knowing there is no extra token, no ponzinomics, etc…
i think they’re here because they see the potential we all see for lightning.
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A16Z is the devil.
They were one of the major backers of Segwit2X and have funded 100x more CrYpTo projects than bitcoin ones. I doubt much good can come of their involvement.
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👆this.
Red flags:
- A bunch of shitociners. I mean you have to be really depraved to have worked on Libra for so long IMO.
- Raised a horde of soft money that will be focused on growth at all costs
- Raised money before they knew what they are gonna do
- Highly suspect investors as you point out.
- Marketing phrases like "extend Bitcoin". We don't need your fiat extensions. Get lost.
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Very interesting points.
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