Dev, what is your opinion on Synereo (AMP), the original project that the RChain team split from?
At the time I was intrigued with their vision for a Decentralized Web built on the "original" RChain. They have now devolved into a browser plugin that works with centralized social media platforms.
At the time I was intrigued with their vision for a Decentralized Web built on the "original" RChain. They have now devolved into a browser plugin that works with centralized social media platforms.
As most of you know, I have been an ardent supporter of the Synereo AMP team. When Lucius Gregory Meredith lied to everyone and then attempted to blackmail $10M USD from the team and his supporters, it caused a major upheaval in the project. Like everyone, I was excited at the original prospects of the project built upon the RChain technology. I still like the product that the Synereo team has produced, but recovering from such an event can be trying. Unfortunately for the AMP holders, Greg was allowed to collect a substantial amount of AMPs by holding an ICO for RChain when he split. He raised 10 million AMPs according to him. He then subsequently sold off these holdings which caused a severe market crash for the AMP market. In my opinion, the Synereo team should have stepped in and purchased back these AMPs from Greg by utilizing a buy wall on all the major exchanges. I have divested myself of all my AMP holdings of which I was a very large holder. I purchased all my AMPs between 600 and 1000 satoshis when BTC was ~$230, so I still made bigly gains. Unfortunately, this was not true for a lot of the AMP supporters who purchased during the second crowdsale. I feel sorry for these people, because Greg planned his scheme way before the second crowdsale occurred and only waited until afterwards to spring his trap to ensure that there was money for him to extort from the team. Lucius Gregory Meredith is a liar, a fraud, a thief, a blackmailing scumbag, and a communist agitator / sympathizer. I know for a fact that he is involved with people who use illegal drugs and has attempted to solicit money from the Chinese Communists. Greg doesn't think that abiding by US law is important. He laughs about illegal drug use and thinks that breaking laws are no big deal. He attempts to put out this "nice guy" persona who is interested in open source, decentralized technology, but in reality he is nothing more than a sleazy con artist. He promised all his supporters that he would deliver RChain to them in exchange for their support and money. Once he received everyone's money, he then attempted to blackmail them, and when that didn't work, he left failing to fulfill his promise of delivering RChain. He then started his own company called the RChain Coop, held an ICO, and is forcing everyone to pay him membership fees if they want to use RChain. That's not the vision that I signed up for when I gave Greg my money. The YOURChain team is committed to taking RChain back and giving it to the people who Greg stole it from. Once Greg raised money for Synereo / RChain it ceased being "his" project and became the project of his supporters. He had ZERO right to destroy it. He intentionally caused as much harm to the project as he could in his failed attempt to blackmail everyone for $10M USD.
In summary, I still like the idea of Synereo, but I have fully divested myself of AMPs. I don't know how many AMPs Greg has left to sell, but I do suspect that his selling played a major role in the market crash of the AMP price. I'm now concentrating on righting this terrible wrong that shattered the dreams and hopes of many.
WE WILL MAKE RCHAIN YOURS AGAIN!
