I’m not one to intentionally spread FUD. It could be that they are in Australia and the time difference got in the way. But they pulled out of the app stores before making an announcement that didn’t give any specific details as to why they made this decision, which leads to a lot of speculation. Nobody really knows anything about their financial condition. Their behavior reminds me of what I’ve seen from other companies that have turned out to be running scams in the past. I’m not suggesting that’s what’s happening here, but I think they owe this community who has done all their word-of-mouth marketing for them more a lot more transparency than we’re getting.
Discussion
I disagree. I don’t think they owe a bunch of random people on nostr an explanation for their business strategy. 😜😂 . But that’s the beauty, we can disagree 🤝.
The timing was also right after Binance got spanked. Maybe you’re right and I’m wrong. The point I’m trying to make, is that we don’t know 🤷♂️ and custodial solutions have been very effective for me in teaching new users about bitcoin and lightning.
If your bank, which in this case they are acting as a bank, shut down abruptly and didn’t give you a reason, and then told you to take your money out as soon as possible, and when you tried, the doors were locked and the ATM was limiting withdrawal amounts, would you feel you were owed an explanation? Oh, and this was also a bank you were really excited to tell people you used and you wanted to invite them to use it too.