Sounds splendidly to me. Even in the extremely unlikely event that a coin
will be worth one cent US in five years market cap will be 2 Trillion dollars
see my calculation above.
This is foolish to assume. This coin will not be able to recover from this launch and no one will want to use something with all the negatives of fiat and more and none of the upsides of fiat. This coin is going to be trading at fractions of a penny really soon.
I wonder why the crypto community has not "demanded" Cryptsy and Bittrex to delist this scam. They are still giving a platform for people to be scammed even more.
Maybe just because they are "alt-coin" exchanges?
2 reasons :
The exchanges want to make a lot of money
Some will advocate that the ethical thing to do is allow the victims to be able to sell their coins in the free market vs being manipulated with capital flight restrictions in paybase