Tell me why you are so confident about IOTA while the entire wolrd is not.
Have you ever known about wisdom crowd?
So you're going to just sidestep the fact that you didn't know ternary isn't out? Don't you wonder what other criticisms you have that are made out of nothing? I'd be curious, but I guess some don't mind doling out BS, and when it's pointed out, just move on with their life as if their reputation didn't hinge on how truthful they are in their criticisms.
I have no idea what you mean by "wisdom crowd." The only intelligent people I've found that are critical of IOTA have shown in the past that they will jump the gun (or outright misrepresent the truth) if what's in question doesn't align with their market interest. Both Charlie Lee and Peter Todd, whom I like, shit on Monero and IOTA, not incidentally when their marketcap crouched near Bitcoin's. And it may be that they weren't aware of the tech until social media fed off the marketcap, but it does look fishy. And to be fair, Lee and Todd eventually changed their stance on Monero, but it did take some time, so maybe they give IOTA a fair shake as this was fairly recent in that instance. Though Todd seems pretty dug in and IOTA's devs are not friendly with him.
But let's get away from the specific instances and deal with a hard reality. People are greedy and if billions (and perhaps trillions in coming decades) are threatened by another technology's success, of course people will create false narratives and bend the truth to protect their interest. There are billions in hodler's wealth and mining interest at stake if IOTA is successful--that's a reality. If you think that doesn't come into play, you're naive.
Perfect example is the Microsoft partnership. A Microsoft employee created the media that stated that Microsoft was a partner with IOTA, but for obvious reasons, the bitcoin friendly media wouldn't correct the false assumption (a few did correct the reports, but the narrative was set) and devs from major competitors were piling on and acting as if IOTA pulled the statement from their asses--meanwhile the genuine partnerships (that the companies made evident in their own media on their own social outlets) got lost in the storyline that the Microsoft partnership was a fraud. How anyone in the community is still off on this issue is a testament on how crypto rumors don't align with reality and the idea of crypto journalism is a joke. People will just take whatever statement most aligns with their interest and go with it--sadly, the same people who have criticized TPTB for using this type of manipulation on "sheeple." It's ironic that the same tactics used by r/buttcoin are now being used on any coin that's a threat to Bitcoin--or at least doesn't align with Bitcoin's politics (see Ripple). On the plus side, they use the tactics so much that only noobs or the oblivious seem to take the FUD seriously--I know of some speculators that actually FUD coins as they are buying them in some absurd belief that what they say here will be taken as gospel.
TLDR: Billions, if not Trillions, of dollars are at stake--the wisdom crowd is the one spoon-feeding their book to noobs.
As far as why I have confidence?
Sure, there are the outward signs: groups (corporations, countries, universities), which have been spending the last decade studying the problems of IOT, are putting their resources behind IOTA (thankfully their background has taught them about manipulation and their experts can do their own homework). There's also that every criticism has been overblown and reached atomic status (this shows fear by the very people who should be afraid if IOTA can do what it sets out to do--if it was a joke, they'd let it die of its own volition). And of course the team of government and corporate heavy weights--plus math experts and at least one developer who has acomplished a feat of genius (NXT/POS). But its my own research that keeps me calm when others are flinging shit at the wall--I spend a few hours a day with IOTA (learning or commenting)and that's given me confidence. Same thing I did with Monero when people were saying it was a shit project when it only had an official CLI wallet (somethings never change, and in crypto, the Dunning Kruger of wallet observation is one of the trademarks of not understanding how software development works--of course shitcoins leverage this dumb assertion by copy/pasting BTC and ETH wallets--actual new technologies
can't do this, so it's a backwards indicator for many speculators).
