Mine is that it's NSA owned and operated.
There's no way it's anywhere near that high. If it was, the announcements about needing funding wouldn't have happened.
There was a comment made by putt around 6-7 weeks ago that said the rise in crypto value had given them a runway, but it was "short". If they really had that much money they'd be paying hundreds of thousands of dollars for hosting every month for their runway to be short, which is ludicrous.
I am not completely sure about this but I do recall a conversation we had a while ago about voat not withdrawing their crypto funds when BTC was approaching 20k USD. Perhaps that is the reason the funding talk dropped off for a while and has suddenly come up again since the value drop.
There's no way it's anywhere near that high. If it was, the announcements about needing funding wouldn't have happened.
There was a comment made by putt around 6-7 weeks ago that said the rise in crypto value had given them a runway, but it was "short". If they really had that much money they'd be paying hundreds of thousands of dollars for hosting every month for their runway to be short, which is ludicrous.
I am not completely sure about this but I do recall a conversation we had a while ago about voat not withdrawing their crypto funds when BTC was approaching 20k USD. Perhaps that is the reason the funding talk dropped off for a while and has suddenly come up again since the value drop.
The $9M sounds like a crazy number to me too but I can't see how else to interpret the wallet sheet. If anyone knows more about this I'd like to hear what they've got.
The $9M sounds like a crazy number to me too but I can't see how else to interpret the wallet sheet. If anyone knows more about this I'd like to hear what they've got.
I'll have a look at it when I'm not on mobile.
I just don't see how it's possible to have 9 million floating around, it makes no sense when you consider the size of the user base. Assuming it is true, it leads to even more questions. Where did this crypto actually come from, why did atko stop working on a project that is that profitable, why is there no real staff other than puttitout and what is the reasoning behind asking for funding if they have that much in reserve?
I'll have a look at it when I'm not on mobile.
I just don't see how it's possible to have 9 million floating around, it makes no sense when you consider the size of the user base. Assuming it is true, it leads to even more questions. Where did this crypto actually come from, why did atko stop working on a project that is that profitable, why is there no real staff other than puttitout and what is the reasoning behind asking for funding if they have that much in reserve?
9-11 posted that the voat bitcoin wallet has $9M in it. I thought that sounded extreme but I followed the link and today's bitcoin valuation is between $8K - $9K so that adds up.