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He will perhaps try to argue that a stealth mine is a free market and thus is not the same deception as an instamine. I will say bullocks, they are all free market activities. You are either a Libertarian or you aren't. Choose.
Legality is a different issue. But
except for The DAO (and DAOs) where the legal risk seems to involve all participants, that legal risk appears to apply mostly only to the insiders and maybe the promoters.
smooth is making some money, if he wasn't affiliated with the devs there's no problem, he just got lucky to hear about the launch before the crowd
Dash insiders were just making some money also. That didn't stop smooth from fiercely attacking their reputation.
if the launch was public knowledge, and there was no funny business with changing coin supply, or some people had access to better miners etc, then it's OK IMO
DASH was a conspiracy, this just looks like a stealth mine, so if anyone was lucky enough to get on early good luck to them. It doesn't meet my requirements for a good investment though, but it doesn't look corrupt. A good launch it wasn't, but that's not smooth's fault
I say bullocks on your arbitrary distinction:
I think he has every right to mine and promote what ever he wants to. I would applaud him stating he respects that everyone else should also have that same free will and we don't need any sheriffs in the altcoin discussion. I expect though he is somewhat conflicted. So I am curious to read his response.
He will perhaps try to argue that a stealth mine is a free market and thus is not the same deception as an instamine.
I will say bullocks, they are all free market activities. You are either a Libertarian or you aren't. Choose.Legality is a different issue. But
except for The DAO (and DAOs) where the legal risk seems to involve all participants, that legal risk appears to apply mostly only to the insiders and maybe the promoters.
Stealth mining is like hiding the prospectus if you want to compare it to investment norms.
Either you have fair and wide distribution or you don't. But I say ethics has nothing to do with it. Choose which forms of distribution you think make the most sense business wise. Ethics just drags us in the arbitrary mud slinging.