Post
Topic
Board Altcoin Discussion
Re: Zero Knowledge Transactions
by
rpietila
on 18/10/2015, 20:36:46 UTC
Ah sorry, I am clearly being too smartass lately. Perhaps I have stress or too much/little green herbs.

In short, the SEC argument goes about like this: Crypto Kingdom is a game, so it is an expression of people's mutual imagination. Thought is protected by freedom of speech. Also there is absolutely nothing they can do about it, except of course dole out punishments to people from exercising imagination. That is a dangerous road for them, because..

..the way to market this is the public is catchy as well: "Have you ever heard of such tyranny where playing a game that solely handles imaginary objects, none of which was in any way created by the government, lands you in prison?"

So if your coin is inside CK, it is shielded from everything they want. A different world.

Of course at some point they will have to cross the line and officially declare imagination to be a crime, otherwise nobody will use any part of their system* since CK is so much better. I will laugh that day, for my reward is great  Grin

Isn't it so elegant to discover that the best arrangement for the free market (i.e. no futures contracts which is the Proverb I learned from Hommel, "Do not be surety for another person" and I refined more as per below) in making each development autonomous from the succeeding ones (and let the market decide to burn their coins to the next improved fork) is also the one that is legal.

The point is do not promise the future, because the further away the future, the less control one truly has. Better to sell what you have now, then in the future sell what you have then. Gives the markets more degrees-of-freedom. This is why Ethereum's lockup of shares for so long was so evil.

Sounds fresh! Smiley

* They have intentionally designed the world system and economy to have a hellish proportion of waste, to drag us down in every possible way. So I am not claiming to have developed anything new, just refusing to implement the deoptimized systems, and showing that it works much better than the touted "only possible choice".