Iota is the only damn coin in crypto with any sort of value

Iota is the only damn coin in crypto with any sort of value.
>thinks he can beat free, instant, scaleable and quantum proof.

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Damn, those are some heavy bags.

>currency alts
all shit
straight up nano tier

How can it have value if it doesn't do anything?

its value derives from doing nothing.

Thanks. Just bought 100,000

>none of those functions work yet and are nowhere close except quantum proof addresses (that the team can steal from whenever they want)

>proof of nothing
fascinating, I might buy some now

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>Industry wont use it until it is decentralized.
>cant be decentralized until the coordinator is turned off
>coordinator cant be turned off until industry uses it
David and CfB are already planning their exit scam
>experimental tech
>tangle might never work
You literally have to be retarded to be buying iota now

if nobody knows what it does, how it works, if it even works, or if anybody will ever use it, that means it still has speculative value

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A Seinfeld coin of sorts

OK I figured out the value calculation for IOTA thanks to the helpful contributors in this thread.

IOTA's proof of nothing mechanism means it retains the possibility of doing something someday indefinitely, thus ensuring speculation about its possible uses, forever. As long as it continues to do nothing, we can continue to safely speculate, so it is important that there is PROOF of doing nothing.

Since the speculative value of IOTA is infinite, due to endless validation of doing nothing, we can safely say that IOTA will enter a golden bullrun and shoot to #1 in short order.

Going all in at this time.

sounds like godel's incompleteness theorem

Wrong. Ark dominates

mentally unstable team

fuck sonstebo

you must know nothing about the internet of things

I know its a meme, and so are the people who ever unironically use that phrase to described networked devices.

How is a feeless coin supposed to work anyway?

Fee less in that you complete your own proof of work. It can never work without the coordinator stopping malicious actors though. Iota is worthless, smoke and mirrors until they exitscam

It's not decentralized and no work has been put into it, It's not mined at all and was made with the press of a button. It's no different than fiat currency.

>thinks he can beat free, instant, scaleable and quantum proof.

why does this sound like a bunch of buzzwords to lure investors

iota is fine, FLETA better