Gaining approval is easy, it just has to be better than the previous version and accepted by the exchanges and you can force an upgrade by blocking old versions. If you need to upgrade to the latest version to use the exchanges and if you also have new features then you definitely would.
But I'm here just for the entertainment value, we already have PayCon that we can make changes to since we always have 100% approval. ie. If you don't like it, make something better.
How about this: offer any legitimate XPY holder the opportunity to convert into Paycon at fixed ratio for a period of time. Destroy the XPY as you receive it, and viola Paycoin 2.0. Of course you blacklist conversions from the coins held in the PCs, as well as any coins that can be traced to a GAW or Garza wallet without proof of payment (to protect the poor fools who ended up buying his dumped coins).
Again:
Who gets to decide who is a "legitimate XPY holder"?? Josh? You? Mage? The group that helped Josh pull this fraud? WHO
exactly decides. I asked this last night and got no answer. In my opinion having a coin where some self appointed group gets to decide which coins are legitimate is completely absurd and goes against everything that crypto stands for. That is not even getting into the fact that once such an absurd "fix" and the criteria by which "legitimate" coins are determined was declared, Josh and the other criminals who are holding millions of premined XPY would simply wash them through exchanges and such to make them "legitimate". I could easily produce a hundred addresses that I know are controlled by Josh, but that does not PROVE jack shit. If legitimate coin holders consist of an email, I am pretty sure Josh could come up with however many "legitimate" coin holders as he needs FFS. He most likely already has a shitload of those, along with corresponding accounts on the exchanges. This whole fix of stealing coins from the "bad guys" suggested by Mage sounds like another scam on top of the existing scam to me.
You are exactly right, this coin was set up as a perpetual scam... the thing I keep seeing is keep why keep this poisonous code alive? Try to fix it??? ummmm? ok and then what? It has enough stank on it that no legitimate vendor ever accept it... it was like Trucker was saying
" the broker doesnt pay $10g hauling charge" Can you imagine if the broker paid "$10g hauling charge in XPY"? ROFLMAO that is worse than not paying the bill... you cant even declare a tax right off, you can use theft and robbery as a tax write off. With this coin it is worse than theft and robbery you cant even write it off as a tax loss, in the end you just have a wallet full of toxic code no one will ever use, unless you "use the bigger fool theory".
Seriously no end game or use for this coin... simply a game of musical chairs and the music will stop on day. Think about the end use of this coin... there is none.
And it is testiment to Josh understanding of business and economics!