Quote from: Zer0Sum on March 20, 2016, 06:35:03 PM

You don't build something worth $1 billion... by arguing with angry keyboard jockeys that have built nothing.

Not to be braggart, but to defend myself, I must point out that I have built million user products that have achieved commercial success:

https://www.linkedin.com/in/shelby-moore-iii-b31488b0

Whereas the young kids who are developing Ethereum have never produced anything but hype. At Vitalik's age at 21, I had already coded WordUp which was a significant commercial success with very significant user adoption (you do realize that 38,000+ copies of boxed software in the 1980s is equivalent to millions of uses in equivalent market share on the current internet population). The source code of WordUp was extensive given I wrote the majority of it in 68000 assembly before switching to C later in the project.

Also I think you fail to understand that market cap is a misleading metric. My accomplishments were in the real world, whereas Ethereum's are in the pump&dump vaporware and illegal unregistered securities underworld.

Quote from: TPTB_need_war on March 21, 2016, 05:10:26 PM

Quote from: jaysabi on March 12, 2016, 03:42:48 PM

It's getting pretty hard for anyone to make the case that Ethereum isn't a giant bubble. What makes this coin worth a billion dollars?

Selling all the ETH will never net $billion. Maybe $10 million before the price is near 0 due to the selling.

Market cap is a misleading metric.

More relevant is volume, except we have no way to know what percent of the volume is real versus insiders buying from the themselves to pump the price and volume up.

I am not angry:

Quote from: TPTB_need_war on March 21, 2016, 05:18:55 PM

I created the thread(s) that attempts to decipher what the existing law is on this issue:

https://bitcointalk.org/index.php?topic=1218399.0

I have concluded that offering an ICO/IPO is incredibly risky for the developers and insiders. I think the G20 will eventually come after them in a concerted cooperation by governments to appease the voters who are fed up with corruption in government and banking. The G20 will use this as a political witch hunt to divert attention from the sovereign debt collapse that socialism created.

Having said that, philosophically I would wish for absolutely no regulation and let fools loose their money because they are fools. That should move the money to those who aren't fools and thus make the economy more productive.

But making decisions based on what I wish to be, is not a pragmatic methodology. Being a lead developer on my own crypto project, I must obey the law that is, not my fantasies of what I wish it would be.