Preface

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In September 2019 I last made an overview of the state of affairs around Ormeus. It is time to update it again.

Last year I already wrote that there are quite a few points where you can criticize Ormeus' way of working, especially in the field of communication, which has never been her strongest point.

It's for that reason alone that I always feel called to try to interpret the state of affairs afterwards. Not only for myself, I also like to share my vision with others.

My Ormeus Survey from 2019 is still worth reading, it contains a lot of historical information about the origins of Ormeus and what happened and was planned afterwards.

Apart from reasons for criticism, I also find grounds that you could use as a fair excuse for things that did not go well.

Bitcoin course developments, economic developments, conflicts with former partners, and recently the corona crisis that forced many developers to work from home, meant that not all forecasts and goals could always be achieved on time. 

Most positive, however, is that despite the impact of the disappointing btc price developments, Ormeus still held up, found new partners and cooperation agreements and was able to stick to the original business strategy, although not without disappointing delays in the developments.

Where other crypto companies have disappeared from the face of the earth, Ormeus still exists, management has not run away. Stricken, perhaps, where still belligerent and positive about the updated strategy.

Under a layer of opportunism you also find a core of entrepreneurship, guts and vision.

It is not my intention to defend Ormeus' decisions here, at most to explain.

It is possible that you do not agree with my vision, that is allowed, I only hope that I can convince you that it is sincere and based on the necessary research and investigation, which by the way is no guarantee that I am right.

I spent a full week studying all communication regarding Ormeus on 8 different Telegram groups, plus reviewing the necessary videos and AMA's of John Barksdale on multiple internet channels.

What is striking is the enormous variety of opinions and visions you come across, from outspoken negative, to surprisingly positive.

In my opinion, this is due to the striking lack of really good and consistent communication.

This is my contribution in an attempt to get everything neat and tidy again, to get rid of influences from frustrations, emotions and FUD. 

So that we can see a clear red line again, because in spite of everything, it is there.

A second striking detail is the difference in time perception about the coming developments, between members and the company, where Ormeus can safely be blamed for having regularly put its members on the wrong track. Not always consciously, by the way; but market developments in the crypto market are difficult to predict in advance.

Nevertheless, this has led to a major discrepancy between the members' perception of time and what I consider to be realistic.

Where most people think in weeks, reality demands considerably more patience to realise their ambitions and expectations. Rather months, than weeks, and perhaps we should consider years rather than weeks. We will see.

As in my overview of last year, I remain convinced that in the end it can all work out well.

Invariably, the future of Ormeus and its coins remains linked to the development around the BTC.