Home / Month /


February 2018 / 1 posts found

CloudCoin is not a Security

by admin

We are almost eleven months into the CloudCoin experiment and it has been a great success. We can see that there are on average close to 5,000 transactions every day and growing. These transactions happen completely anonymously and within seconds. This next year promises huge advances CloudCoin use throughout the world.

However, there is at least one person, or small group of people (mostly Italians) who somehow got the idea that CloudCoin was a security. They believed that CloudCoin was run by a company and the owner is Sean Worthington. They bought CloudCoins as an investment and are angry because they were unable to sell their CloudCoin for a profit on an exchange. They call CloudCoin a scam and its inventor a clown.