Sure, it's not decentralized yet. Sure, the wallet was hacked through a third party plugin. Sure, the founders are arrogant. Sure, there was a lot of unjustified hype even when the product wasn’t nearly ready.
But anons, you have to look at the bigger picture here. Bitcoin also had centralized protection against 51% attacks in the first years. Bitcoin even had a critical security flaw in 2010 that they managed to fix just in time. So many wallets have been hacked. The internet was also not built in one day.
IOTA is literally eating all other crypto's as we speak. That is why there is so much hate against it and why so many people want to make the project look bad. DYOR and look at the partnerships, look at the academia involved, look at the community, look at the amount of adoption already taking place. These are all incredibly smart people with a passion to make the world a better place with DLT. Not out of greed, but passion. This project has the same atmosphere and dynamics as Bitcoin had in the early days.
No more transaction fees, unlimited scalability, no more opposite incentives between users and stakers/miners. History is being made in front of your eyes.
Miners/stakers and big players in the space want you to believe that Web 3.0 will consist of a plethora of tokens because that is what they make money from, while in reality IOTA will be the one and only trust layer of the internet. Many people have been blinded by greed and missing what is really happening behind the DeFi bubble. People will see soon enough.
Take this from someone who has been in this space since 2011. Do with this information what you want. You can thank me later.
