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Was there a story to why the site went under? did the guy just run out of money or was there something else to it?

Was there a story to why the site went under? did the guy just run out of money or was there something else to it?

(post is archived)

[–] 0 pt

My theory is that originally Putt (and the other guy) wanted to make a bunch of money off it -- like reddit money. But that didn't materialize. So he ran it as a charity for a while. He wasn't interested in making potato money off the small user base. Eventually he didn't feel like doing so any more and stopped.

There's a lot of conspiracy theories such as him making off with a bunch of BTC, getting intimidated into shutting down.

[–] 1 pt

I think putitout thought he could get some money from the "angel investor" but goats were already wise to how jew investors work, so the investor couldn't ply his trade and pulled out.