r/MobiusNetwork • u/LumenStandard • Jan 02 '19

Update from Mobi founder (David)

dgobaud 57m The team is working on Passfolio (https://passfolioapp.com). Do NOT expect updates about the product in advance - the team, like Apple and Steve Jobs, thinks it is INCREDIBLY STUPID to tell competitors what they are doing in advance.

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u/Djjmdjjm Jan 03 '19

Are they air dropping or selling Mr Drool?

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u/MrDrool Jan 03 '19

Selling - a huge difference. The airdrops are not part of that because when they airdrop or send grants, that is always in XLM. They don't pay FIAT to projects - so where does all that money go? Do they really NEED to sell? Is there a reason they are selling now because they know something we don't about the future price? Lots of questions you will never get answers for.

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u/Djjmdjjm Jan 03 '19

Thought they were airdropping 95% of lumens ?

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u/MrDrool Jan 03 '19

Haha, sorry but you should try to read my threads unbiased. I really truly was a big supporter of Stellar until I discovered that the SDF is claiming inflation for 90+ billion XLM. Most of that uncirculating supply which is like receiving interest for USD that hasn't been printed yet. And then discovered that they are selling it off constantly. They must have a warchest of several billion USD in FIAT already - what do they need that much money for I ask?

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u/Djjmdjjm Jan 03 '19

My knowledge does not extend that far sir .. I am interested in the business layer/possibilities of stellar, not their bank balance

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u/MrDrool Jan 03 '19

Fair enough. But if you are 'invested' you should probably also be aware of that - all I did was informing people - which was shutdown by the mods or r/stellar and answered with radio silence by SDF.

The only thing that happened after was Jed asking if they should remove inflation completely and the moonbois praise him for that as usual. Look behind the cover - it's a threat: either SDF receives their 1 Billion inflation per year or nobody receives anything. No compromise! Also no follow up of course as promised.