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Jed McCaleb he is an American entrepreneur who has gained fame by creating peer-to-peer and Donkey and Overnet technologies, as well as bitcoin exchange. Gox. The last one is probably the one he does not like to be connected to, since he was hacked and failed in a very controversial way in 2014. Still, he had long been the majority owner of the exchange, having sold his shares to Mark Karpelès in 2009. He founded the Ripple company in 2011, which he promptly left in 2013 and worked at Stellar in 2014.
He did not abandon the project entirely because he kept a bag of Ripple tokens worth $ 20 billion in January 2018, equaling his 40th place in the Forbes list of the richest people in the world. Therefore, Jed easily exceeds the "quality developer" test mentioned above.
The business part was postponed to October 2017, when the Stellar network announced its intention to partner with IBM Corp. and KlickEx. This announcement immediately brought the price of Lumens token up 100%.
McCaleb criticized criticisms of cryptocurrency projects that were not Bitcoin, Ethereum or his Stellar in his recent interview with Yahoo Finance.
"90% of these projects are B.S. I do not see the time they change," he told the question on the outlook for the cryptocurrency industry in 2019, continuing:
"Things like Tron are just rubbish, but people throw in tons of money, these things that simply do not work technically."
Justin Sun seemed to be a new wave of marketing in the days of the crypto bull. Now it seems only a broken record with only one track that continues to run, regardless of what his community or other cryptic fans tell him.
Justin Sun should file a patent for his signature move: "announcing the announcement". In the dizzying bull days it was a trump card that brought Tronix, at the time, to an empty project with nothing but a whitepaper to show, in the top 15 of the coinmarketcaps.
With the passage of time and the close grip of the bear's encrypted markets, the drunken optimists have torn away the optimism of drunkenness, not pulling the same trick up their sleeves anymore.
This was his last week's tweet in which he, in his trademark style, debuted with an unknown and multibillion-dollar partner. The owners of Tron creduloni are fooled by the idea of who could be that mysterious partner and what kind of collaboration will be. Well, it ended up being the most conservative among investors that promoted it from the start: a deceptive marketing move.
The founder of Tronix should consult the dictionary to see what the word partnership means and also to verify the types of partnerships existing in the business world. If you are a multi-billion dollar company and you are talking about partnerships with other companies, people assume that you are talking about a business partnership involving the use of your product or developing a new joint product with that company partner. Nobody expects the "partnership" to be a consumer relationship in which you rent a cloud service from your "partner".
This is one of the problems in the world of cryptocurrencies in general: regulations are loose or non-existent, so any kind of behavior goes with impunity. The only limit you can have is his creativity and his personal moral principles that obviously lacks the founder of Tronix.
Announce partnership with value and substance or not announce anything. How to explain a joking comment by Redditor:
"I collaborated with reddit to post this comment"
As you might expect, it triggered an avalanche of hilarious comments like:
"My collaboration with McDonald & # 39; s at lunch has increased gas production by over 50%!"
"I'm using Google Sheets to manage my Walmart shopping list == I have collaborations with Google and Walmart to interrupt the food chain industry."
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The writers and authors of CapitanAltcoin may or may not have a personal interest in any of the projects and activities mentioned. None of the contents on CaptainAltcoin is an investment advice, nor does it replace the advice of a certified financial planner.
The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
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