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RE: IOTA Explained In 4 Minutes

in #cryptocurrency6 years ago

Firstly, speed bumps, setbacks and controversies are to be expected in technological innovation. With that being said, It's important to note that in as much as Richard Heart may be correct about the shortcomings he pointed out ( like a sociopath) about IOTA, there's still a lot of room for improvement considering that the crypto ecosystem is still in its infancy. Richard Heart's perspective, on the other hand, is that IOTA is just a terrible crypto project that has zero prospects. That's a really biased view in my opinion. IOTA has a brilliant and achievable concept as long as the team sticks to their plan on the long run.

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Yeah i think to agree, Heart makes a strong case for where IOTA is now, but he seems to write it off far too quickly, as in it's bad and it can never be good no matter what.
As far as i know the IOTA team aren't claiming to be a finished project, until they are, it seems prudent to withhold at least some degree of judgment.

Exactly my point. Crypto space is uncharted waters. 90% of the startups, they say, will most likely fail. The other 10% that will succeed is what we hope we can pick based on educated guesses. If you've done your due diligence ( educated guessing) and believe in the prospects of a project, then it's your perspective that should come first because that's what every other person, including Richard Heart, is also doing; guessing!

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