| 00:00 - 00:05 | So in the august AMA they asked how we keep safe from another ETH wallet hack? |
| 00:05 - 00:07 | We want you to work on the safety. |
| 00:07 - 00:10 | We don't want to get funds stucked again |
| 00:11 - 00:16 | If it you fault or parity fault we just want to have our "wallets" secured |
| 00:17 - 00:21 | 3 months later 30 mil $ get stucked because of a killed contract |
| 00:21 - 00:24 | it's real! |
| 00:29 - 00:31 | Yes it's real |
| 00:31 - 00:35 | Some developer noob tried some door handles and accidentally killed the contracts |
| 00:38 - 00:40 | Swear it's real |
| 00:41 - 00:47 | And the guy who blocked the funds says "I accidentally killed it" talking on the github forum |
| 00:47 - 00:50 | Everybody started to think how can you bring killed money back? |
| 00:50 - 00:56 | maybe we can get over the problem with a new ETH hard fork |
| 00:58 - 00:59 | But the ETH comunity does not one anymore |
| 00:59 - 01:01 | ETH community sees it as a burn from Iconomi |
| 01:04 - 01:06 | Iconomi just burned 30 mil $ in ETH |
| 01:06 - 01:08 | But from ETH not from ICN |
| 01:13 - 01:14 | It's real |
| 01:14 - 01:16 | Everybody was hoping for bigger burns in crypto |
| 01:16 - 01:20 | we just made the biggest! |
| 01:21 - 01:27 | Meanwhile people asking why the funds were in these parity wallets? when we said we moved them already |
| 01:35 - 01:36 | ICN dropped 20% in a couple of hours and it's dropping ever since |
| 01:36 - 01:40 | Now everybody needs to hold 1 year longer if they hope for profit |
| 01:41 - 01:44 | On to more serious bussines |
| 01:44 - 01:47 | We had pressure with the utility of the token |
| 01:47 - 01:49 | People saw all kind of possible uses for ICN |
| 01:50 - 01:53 | We said: utility will follow, |
| 01:54 - 01:56 | Fiat gateway also |
| 01:56 - 01:58 | Public DAA's |
| 02:00 - 02:02 | Maybe even bigger BURNS! |
| 02:05 - 02:07 | it's real |
| 02:10 - 02:11 | So big that.... |
| 02:11 - 02:13 | that... |
| 02:15 - 02:17 | you will see the light on the night's sky |
| 02:17 - 02:20 | And that's our marketing method |
| 02:21 - 02:28 | Everybody knows that iconomi got so much ETH burned that we may not need petrol anymore |
| 02:29 - 02:30 | Good marketing |
| 02:30 - 02:32 | Yeah good marketing |
| 02:36 - 02:39 | I could cry if i wouldn't be laughing already |
| 02:40 - 02:42 | Like a man cutting onions in the kitchen |
| 02:50 - 02:55 | We will ask Parity maybe they can pay us for the blocked funds |
| 02:56 - 02:58 | But have they such amounts of money? |
| 02:58 - 03:04 | They could pay us back over a very long time |
| 03:04 - 03:09 | This is not a problem for us because it's actually our fault keeping the money in Parity wallets |
| 03:09 - 03:11 | ahhh the devil is in the details |
| 03:16 - 03:20 | At least now they don't ask us about the utility of ICN anymore |
| 03:23 - 03:26 | They just fight with the ETH comunity demanding a hard fork |
| 03:31 - 03:36 | Can't wait for the next AMA questions, 20 question about WTF is happening |
