Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
americanpegasus
on 02/10/2015, 04:40:55 UTC
Anyone releasing a crypto project with lofty claims will face a lot of opposition from intelligent minds. 
 
Sometimes they can generate temporary buzz while people figure out their bullshit, but they won't last.  Take for example VanillaCoin.  Initially the devs were throwing around lots of buzz words and razzle dazzle, convincing fools to part with their bitcoins.  It didn't take long before smart people (and smarter) began to take a closer look and found a mountain of irregularities, problems, and mathematical nonsense - all pointing to a definitive scam. 
 
With Monero you can do the same intense investigation (as I and much smarter people have done).  You will find that as far as complaints against Monero itself, there are no substantial ones.  The launch and all major decisions were handled as fairly as possible by a slowly growing community on top of revolutionary technology.  The only *real* criticism I can think of is that no one really knows where the hell this "cryptonote" came from.  Despite some people trying to downplay how big of a deal cryptonote is (calling it simple and flawed code in its original form), it is obviously the culmination of a lot of talent and effort. 
 
The good news is that we don't need to know much about the person who discovered/invented any technology or mathematical principle to use it effectively.  Take Calculus: All we need to know are the actual rules if we wish to put a man on the moon; knowledge of the person who wrote the rules doesn't change the fact that they work.   
 
This is the power of a global brain: once we have an idea, the idea itself is more important than the individual cell who thought of it.  Sure, you might not get all the same glory as the champion of the arena got back in the day, but the world you will share in will be a billion times brighter due to your sacrifice.