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RE: No Free Lunches: Stellar Lumens Giveaway and the Price of Identity

in #stellar7 years ago

This has been sold as a means of distributing their token. Bitcoin used mining 9and still does) as the initial means to distribute the token. Ethereum used the presale coupled with mining. Stellar claim they are issuing tokens to individuals who hold bitcoin as they are proven crypto users etc. I thought of dumping mine (and did with some) but after looking into Lumens, they seem to be one of the better alts so I am hanging onto a few. Maybe that was partly the idea!

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Thanks for your comment. I guess I just approach this kind of thing with a healthy degree of scepticism but it certainly is a legitimate means of distributing the token. I must admit I haven't sold the handful of XLM I was given. As to the identity question, people reveal their identities in connection with crypto all the time when they use an exchange that requires ID checks, or when they simply talk about crypto on social media...