IOTA Slammed By Crypto Community

It has been a dramatic couple of days for the crypto community. Bitcoin has not recovered as fast as anticipated. The price is starting to rise but it is not affecting any of the other major coins, which are, for the most part, in the red. Until Bitcoin gains by 10%, other coins are likely to stay in this unfortunate position. There has been no news on any upgrades to the systems of any other coins or exciting project news which could have affected the value of the market as a whole. Germany has stated it will not tax those who use cryptocurrency as a payment method. JPMorgan has acknowledged that cryptocurrencies are a threat and banks will be left behind if they do not revolutionise their technologies. But the biggest news has been the fact that IOTA has been given a failing grade by various cryptocurrency experts who have suggested the abandonment of the project. A critical weakness has been exposed and investors have been told to sell their IOTA coins. Leaked emails from IOTA team members revealed flaws with the code of IOTA - and developers knew about this. When the leaks came out, those behind the emails suggested they were simply lies. This started a Twitter storm, showing that the team behind IOTA are uncooperative and immature. The Twitter exchanges ended in a cryptocurrency developer detailing all the crucial flaws in the IOTA system. IOTA is now regarded as a system that is all talk but without any proof as to how it actually works, if at all. Those who have been following Bitcoin, Ethereum and other high-level coins will have seen developers behind these coins coming forward to say that IOTA does not actually work. The consensus is clear - IOTA is a dangerous system to invest in. Source: https://www.youtube.com/watch?v=v2NUXDIBOCI Original Image Source: Pexels Sponsored by