Substratum is a scam. Since 3 month this was written here is what they have done:
Released a beta that does nothing. Just allows you to change your DNS. No network. No VPN. It's not a node, it doesn't connect to peers.
Said CNN is doing a documentary on them for weeks. Then bait and switch 2 days before and ran a 30 second infomercial on Fox Business.
Tweet they are going to be on Coinbase, pump the price, sell and then say it's a hack. Who hacks into your twitter account to post that your crypto is going to be on Coinbase?
Add to already mentioned red flags like:
- Paid McCaffee promotions (they have paid lots of people to promote):
~~~ embed:956024271922515968?lang=en twitter metadata:b2ZmaWNpYWxtY2FmZWV8fGh0dHBzOi8vdHdpdHRlci5jb20vb2ZmaWNpYWxtY2FmZWUvc3RhdHVzLzk1NjAyNDI3MTkyMjUxNTk2OHw= ~~~
- Criminal background of CEO
https://florida.arrests.org/Arrests/Justin_Tabb_3777463/
https://florida.arrests.org/Arrests/Justin_Tabb_3783117/
https://florida.arrests.org/Arrests/Justin_Tabb_3711002/
- CEO has an obsession with price:
~~~ embed:937450985076805632 twitter metadata:b3ZlcnJpZGVwcm98fGh0dHBzOi8vdHdpdHRlci5jb20vb3ZlcnJpZGVwcm8vc3RhdHVzLzkzNzQ1MDk4NTA3NjgwNTYzMnw= ~~~
I don't know how anybody throws their money at this.