Interesting thread. Honestly, after reading it, I feel LTCGear is *MORE* legit. The fact that they were making chips several years ago and all that at least bolsters their technical experience.
Realistically, this is worth it just for the story
Can't be a ponzi. Could be a meta ponzi. Could even be a double meta ponzi. Everything is just so weird. It would be far easier to say everything is great and give constant updates (since words are cheap) than to do what he is doing.
Either way, honest or not, Chris will profit. He controls a large % of the hash for LTC, and there's a pretty wide gulf in development/community between that and the other alts. He who controls the hash controls the currency! If he's a crook, maybe he can take that 500k+ BTC, call himself "The Beekeeper," make his top bitch "The Queenbee," and yell "Drones attack!" and "Workers attack!" all day long
