It seems like a smart idea to prevent a large corporation or financial institution from taking all the work, not utilizing the original system to give it value, and instead building their internal network, exchange, etc, with it. Anytime you read coin news about banks, they don't seem very interested in doing things like buying coins from miners, they seem interested in taking the work, building their own system on top of it, or selling the coins to you. I think people are underestimating the highly refined banker initiative to screw everyone over as much as possible.
The correct solution is invent a decentralized ecosystem coin that will be used by millions of people every day.
Aiming lower is slower, lower, and not my style. Then you worry about being pecked off by a larger small bird.
I have produced million user software back when the internet population was 1/10 of its current size.
Sorry arguing that top-down is a correct solution for decentralized crypto-currency is an oxymoron to me. Either we do this right, or why bother even doing it at all.
Besides that is not the reason Daniel is doing it. He is doing it because he philosophically believes in control (and/or like every good socialist he wants to mask his lack of confidence and milking of the market under the guise of forming a cult of "sharing" for as long as all such taxes course through him ... and he probably believes in socialist organization philosophically as if he can give a better result if he can control it more). Steve Jobs was a control freak and his iOS walled garden got destroyed by the more open Android as the following chart shows...
https://upload.wikimedia.org/wikipedia/commons/a/ac/World_Wide_Smartphone_Sales_Share.png
I've been discussing the issues raised by r0ach and smooth in private messages. And I want to share something I wrote in a private message.
Also remember I want to use this coin. Which means I want to go create services in the ecosystem and earn money on those. Even if for example my designs get implemented by Blockstream, at least I can go create the types of decentralized services and sites that can earn me $millions.
But while getting this coin to the point where it will scale out, I can't be targeting measily $20k to leech on my ecosystem for server infrastructure. If I create a product in my ecosystem later, it will shoot big B2C (to drive more usership to the coin helping the entire ecosystem), not vertical market B2B in a small developer market.
I see marketing idiots throughout this space. This is going to be as easy as taking candy from a baby for me from a marketing standpoint.
The name vote is already a reflection of my marketing instincts. I will however need to not get in debates, as it interferes with my marketing and causes people to perceive me as overbearing. Rather I think it would be more accurate to say there is too much work to do and it is much more amicable to be relating on production instead of these debates. I simply can't allow myself to get sucked into long discussions. I am the only programmer on the project right now. So my overbearingness is a function of necessity. Let's be realistic. Does anyone have any idea how much work is head of me!
My greatest successes in the past were when I was implementing software because I wanted to use it and solve a problem I had with existing software for my own personal use. I guess because I am very passionate about it when that is the case and I am up close and personal with the issues I am trying to solve.
