It seems to me that the debate is really over. The devs are behind this idea and the fund indicates that enough active VRC holders support it too.
There is a lot of information around about SuperNET and James so people should examine it and do their research on what is a complex idea. He certainly produces results. He does come across as an egotistical psycopath but then so do all the most successful people on Wall St. and James appears to have a bank balance to support his ego. He is determined to remain anonymous. It's not up for debate. I guess he takes no prisoners.
Everything is a gamble in crypto. The writing on the wall seems to be that collaboration, merging and integration is the way forward. VRC could become the shop window to digital currencies with visible devs and ease of access. VeriBank, ATMs, credit and debit cards, gateway into and out of digital. VeriBridge whatever. I think individual coins have to find their key niche market, keep focus and be the best there is in that space. Competition is about to get serious.
VRC got badly damaged recently. TBH not looking very good but devs have been in stealth mode for a while and ninja might be on it's way, or not. That's the benefit and drawback of ninja.
So, this SuperNET could be a complete scam and VRC would have to be the fall guy or it could be a touch of genius and the way to go. I challenge anyone to be certain either way. Place your bets. I'll give it a go but I'm small fry with not a lot to lose. Good luck to everyone.
ps. I hope the God of Smote screws the guys that screwed VRC on MP in the first place.
I have had threats made against me and I stay anon to protect my family. I am definitely crazy, everybody tells me so and sanity is a relative thing, so I must accept this diagnosis.
The ~3000 BTC raised for SuperNET so far will give me a whopping 30 BTC under my control. Since I would be putting in 300 BTC, this means I actually lose access to 270 BTC. So unless I was a stupid scammer, this is not a good arrangement is it?
I am caretaker for the investors money, to decide how it can be made to grow. For this I need to have influence over how it is spent. I do not need, nor do I want, access to the funds. I am told money is dirty and I dont want to get dirty
Now, unexpectedly the first day is raising almost 20 million NXT (1600 BTC!) and this is in an account that I control. So I am actively seeking out NXT community people to be the escrow for this 20 million and growing amount.
I turned 2 BTC into $2 million in 10 months from grants, bounties, investments and assets. I have no need for more, but I dont know if I should just work for free, maybe I will, but my wife she keeps wanting all these expensive shoes.
So, I do need to make money to keep her happy, but for me I am needing money only for making the investments, funding the tech, helping other people make their fortunes in crypto. This will be notice by fiat peoples and the smart ones move to crypto world. fiat brain drain!
James