the dark secrets about polka dot. what the shills dont want you to know. a dark hist
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the dark secrets about polka dot. what the shills dont want you to know. a dark hist

<!-- SC_OFF --><div class="md"><p><strong>1. dot dapps are fake.</strong></p> <p>polkadot claims to have 200 dapps.</p> <p>in truth most of them were funded by web3 (the company which owns dot) to create those dapps. very dishonest.</p> <p>most of polkadot's &quot;&quot;dapps&quot;&quot; are funded by polkadot themselves.</p> <p>'</p> <p><strong>2. secret pre sales to selected chinese investers.</strong></p> <p>the dot devs raised 50 million dollers in secret presales to selected investors (mostly chinese).</p> <p>the dot devs also targeted the secret presale to devs of other chains especially ethereum. to create conflicts of interest, sabotage competitors.</p> <p>'</p> <p><strong>3. misleading and unsavoury possibly illegal marketing tactics.</strong></p> <p>it seems like a large amount of that is going toward misleading marketing and trickery.</p> <p>advertising. flashy website design. very misleading and unsavoury practice.</p> <p>astroturfing the ethtrader, ethereum and ethfinance subs pretending to be impartial on fake accounts while subtly talking up dot.</p> <p>'</p> <p><strong>4. gavin wood dark history of pedophilia and rape.</strong></p> <p>gavin wood. the creator of dot and disgraced sidekick to vitalik buterin.</p> <p>in 2013, wood wrote a graphic blog post about himself having sex with a preteen girl.</p> <p>apparently, he used to babysit the girl.</p> <p>in the story, the girl was dying from AIDS.</p> <p>apparently the post was &quot;fiction&quot;. but wood later tried to remove all traces of it from the internet. it was later scrubbed from the internet archive under mysterious circumstance.</p> <p>so far, there was no legal action taken against him.</p> <p>'</p> <p><strong>5. theft of 5 million dollars from ethereum foundation.</strong></p> <p>the polkadot developers used to maintain an ethereum client.</p> <p>yeah. they took a 5 million doller grant from the ethereum foundation and used it to create their competitor scam chain.</p> <p>'</p> <p><strong>6. purposeful sabotage of ethereum network.</strong></p> <p>whilst all of that was secret, their dev in the ethereum ecosystem was the &quot;release manager&quot; for ethereum updates.</p> <p>mysteriously, several updates were cancelled and delayed during that time.</p> <p>the ethereum community found out what was happening and banished him for ever.</p> <p>if you don't believe me here is a thread from 1 year ago.</p> <p>there are some supported claims that wood is behind numerous spam attacks on the ethereum network too.</p> <p>'</p> <p><strong>7. incompetence of polka dot developers.</strong></p> <p>the developers of dot once infamously created a bugged multisig wallet.</p> <p>when the wallet was accidentally self destructed by a random guy, the dot devs lost the entirity of their investors money (over $30 million dollers).</p> <p>would you trust those same guys with your money?</p> <p>'</p> <p><strong>8. polka dot ceo was previously exiled from the ethereum developers community</strong></p> <p>wood &quot;left&quot; the ethereum community because his values clashed with the values of ethereum. just like hoskinson.</p> <p>vitalik is the one who designed and made ethereum to be open free and collaborative.</p> <p>wood wanted to steer the project toward profit over anything else. he sold all his ether early. now he's bitter.</p> <p>wood created parity, an ethereum client which is infamous for accidentally locking all it's investors ether permanently in a catastrophic bug. millions of ether were locked forever and it's his fault.</p> <p>'</p> <p><strong>9. intentional undermining of ethereum governance processes</strong></p> <p>wood did everything in his power to unlock the contract by nefarious means - trying to sneak through proposals to release the ether even though they would be a net negative for ethereum as a whole (like the dao etc).</p> <p>and also infamously in one instance - having the status of one proposal altered without discussion by devs or community.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ezpzfan324"> /u/ezpzfan324 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kxd0yk/the_dark_secrets_about_polka_dot_what_the_shills/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/kxd0yk/the_dark_secrets_about_polka_dot_what_the_shills/">[comments]</a></span>Kind Regards R
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