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by humbleferret 856 days ago
Genuine curiosity: What's the issue with a company being backed by Tether?

I understand that, as it stands today, Holepunch appears to be operated or contributed to by several staff members from Bitfinex and Tether. However, if Holepunch is open source and Tether were to implode, Holepunch would still exist and could be adopted by anyone, irrespective of Tether/Bitfinex, etc., correct?

2 comments

Open-source projects where all the developers work for one company tend not to do too well when that company dies, especially if there isn't a large ecosystem around the software yet.
because using kleptocurrencies implies bad engineering decisions. code will likely have Blockchain were you could have used a queue, etc.

it's like seeing something was a java applet or activex component in the 2000s

Non-sequitur.
Yes, I guess. But it's still a signal if you are in a hurry.