Post
Topic
Board Altcoin Discussion
Re: Is Smooth a Hypocrite ?
by
MadCow
on 15/06/2016, 21:37:05 UTC
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.

your opinion if perfectly valid, the steem launch was a dud ... is that something smooth needs to take responsibility for? I think he might agree the steem launch was less than ideal, but he can still participate, nothing in crypto is even close to ideal these days