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If they didn't use some random 'coin' no one has heard of I'd be on board. They're trying to compete in a bad way. They should simply just use Stripe and be done with it. People want an alternative to facebook messaging and PayPal. They don't want superfluous cryptos.


Moxie Marlinspike is listed as an advisor of MobileCoin, so there's some obvious financial connections between the two.


"Moxie, as an individual, is a paid technical advisor to MobileCoin"


> If they didn't use some random 'coin' no one has heard of I'd be on board.

The founder of Signal actually created MobileCoin.

https://www.wired.com/story/mobilecoin-cryptocurrency/


I think the end-goal is to provide privacy guarantees you will never have with Stripe or other traditional payment processors.


You can't trust an app that is distributed through the Google Play Store as a wallet with any kind of privacy guarantee.


Signal was a random 'messenger' at one point too. They needed a fast (in seconds) private way to send money. There wasn't one. Until now.




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