Mine is that it's NSA owned and operated.
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.
9-11 [posted](https://voat.co/v/whatever/2519617) that the voat bitcoin wallet has $9M in it. I thought that sounded extreme but I followed [the link](https://www.walletexplorer.com/wallet/00000014ea8b260f) and today's bitcoin valuation is between $8K - $9K so that adds up.
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.
Well nothing has been said about the financial statement for a long while. At one point there was an announcement that said "Give me all your money or the site is going to go down within a week!" the community had a huge drive, then donations, ads, and merchandise was no longer available to purchase/donate.
Well nothing has been said about the financial statement for a long while. At one point there was an announcement that said "Give me all your money or the site is going to go down within a week!" the community had a huge drive, then donations, ads, and merchandise was no longer available to purchase/donate.
My theory is that if it did get honeypotted, they wouldn't want anymore $$ coming in because that's the one thing you could trace to who took control. That last drive was just a bonus for them on the way out.
My theory is that if it did get honeypotted, they wouldn't want anymore $$ coming in because that's the one thing you could trace to who took control. That last drive was just a bonus for them on the way out.
What use is it as a honeypot? Would that be for nations that don't have freedom of speech? As an American I don't see anything illegal going on.
What use is it as a honeypot? Would that be for nations that don't have freedom of speech? As an American I don't see anything illegal going on.
I remember reading that announcement. It didn't seem like there was a lot of follow-up after that, but I don't really use the site now so I wouldn't know. It is only of interest to me because I used to use it and most of our users filter in from there.
I remember reading that announcement. It didn't seem like there was a lot of follow-up after that, but I don't really use the site now so I wouldn't know. It is only of interest to me because I used to use it and most of our users filter in from there.
Yeah I don't recall anything mentioning money on Voat for a year and a half now, since that donation drive. People have been begging to give money essentially and nothing has every been said.
EDIT: https://phuks.co/s/Whatever/28428/0537a63c-1975-4d84-b355-e8974a3edda3 something mentioned in the other Voat thread.
EDIT2: https://voat.co/v/bitcoin/1871513/9169459 Looks like that statement is wrong from the first glace at this thread.
Yeah I don't recall anything mentioning money on Voat for a year and a half now, since that donation drive. People have been begging to give money essentially and nothing has every been said.
EDIT: https://phuks.co/s/Whatever/28428/0537a63c-1975-4d84-b355-e8974a3edda3 something mentioned in the other Voat thread.
EDIT2: https://voat.co/v/bitcoin/1871513/9169459 Looks like that statement is wrong from the first glace at this thread.
It's just a massive drain and nobody wants to deal with it. The financial situation has not been anywhere near good in the past 2-3 years and I have no idea how it's even still up. If crypto did not have a very sharp increase in value, I definitely do not think it would still be around.
The userbase has always had a lot of drama going on that can be difficult to deal with too. I got a feeling a long time ago now that it was starting to get to Atko when he was still actively working on the site.