Why I never invested in TON Coin (Patreon)
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Several months ago, I got a Sunday Patreon Q&A question on "why I chose not to invest in Telegram's TON Coin, The Open Network".
My decision was straightforward. Although I understood the potential network effects of Telegram, I opted not to purchase the coin for several reasons:
TON Coin Summary
It received a very low score on the crypto compendium.
I was not impressed with the app's security and privacy features.
Telegram is a hub for hackers, scammers, and terrorists.
Activist Journalists also use it.
Pavel Durov, based in Dubai, has a questionable history, and I always research leadership teams. Notably, he was recently arrested.
There was talk within the U.S. government about categorizing it similarly to TikTok, raising the possibility of a ban.
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