On the subject of who gets what and where the value is held, if a new Devcoin is created I offer this:
It doesn't matter one single bit WHY someone is holding Devcoin or, how they got it, or what they intend to do with it, they should be fairly compensated for their holdings if a new Devcoin is generated and old one losses value do to that.
If I hold a bar of gold, it is still a bar of gold and worth the market price if I choose to use it as a door stop or, place it in a safe deposit box or paint it red and pretend it's brick, it still has the same value and it is still negotiable. Doesn't matter if new gold "bars" are shaped like spheres with little points, my bar still has the same value, once for ounce, as the new one.
I well understand we are not talking about hard assets but, digital ones. Still say old coins for new coins, at fair market, possibly with adjusted quantities if needed, but the coins being held must be honored.
Cryptocurrency is not a gold bar. It even does not exist - you can not "use it as a door stop or, place it in a safe deposit box or paint it red and pretend it's brick".
There are enormous number of cryptos with zero value. Look at any exchange - you can see a lot of cryptos for sale for a minimum possible price (
NYC at coingather, for example). All these coins have zero value just from the beginning. If you buy nothing why are you waiting that nothing one day will become something?
Devcoin a bit different - the good idea was in place.
But it ended up the same way as all other "coins".
I have some wallets with millions and millions of all kind of these "shitcoins". Long forgotten ones. I wonder if all these "coins being held" should be honored at all. Dead is dead - end of story.
Ah, yea, you repeated what I said, it was an analogy idiot, ever hear of that? So, what's your point? Dead is not permanent in crypto, nothing is truly dead here. I was around for the birth of this coin and I do not want to see it transformed into something it is not. Better check your "wallets", lots of those old projects are being revived.
PS: Thanks for your contributions to the project, really, no sarcasm intended.