Re: [ANN][BTCZ] BitcoinZ - No-premine, No-ICO, No-Dev Tax

You want artificially to lower supply after some people mined milions of btcz (and that way rise price)? Slim shaddy

First of all, bitcoin was created as a means of payment, and all money is subject to inflation. Reducing the speed of issuance of new coins is a involuntary measure. I, as a simple member of the community, support this action.

But what about those people who mined milions of btcz and hold? Will they also be subject of inflation? Or some people will suddenly became "milionares"?

We have to think about this, because this sudden lowering of block rewards for 10x!! after just 3 months instead of halving after 4 years (as declared) can be seen as - "refined premine". And I don't support that. And generaly, I think BTCZ should stay as-is and those who don't like it, well, thay can always fork into new coin

This is not a premine. It was not originally founded by one group of people for personal enrichment. The decision to change the award for the block was taken by the community. Those who extracted millions and become "millionaires" extracted them under equal conditions, stipulated by the algorithm and the complexity of the network. Millionaires can become those who bought this coin on the stock exchange when it grew in price. You do not call the "refined premine" produced bitcoin in 2010 when the complexity of the network was low and people extracted thousands of them. Simply, many then did not believe in him. And innovators, those who believed and tried to get deservedly received their award.

You don't need to explain that BTCZ is not premine, it's known. In your example you forgot one thing about BTC - it never changed halving period and that way affecting rate of supply, and thats why everyone had equal chances. I just wanted to tell btcz community that artificial change of supply can be seen badly in other comunities, potentional future investors and especially market exchanges. It could be considered "refined premine".

There was no equal chance for all. I did not have a computer at that time. I could not get bitcoin. I just did not know about him. For me, bitcoin is the first in its industry of digital money but not the standard. Bitcoin developers did not provide scalability of the network. The awarding of the award for the block was taken for some of their criteria conditionally for 4 years, but who said that it is true? The markets and the industry are too volatile. On the contrary, it is attractive for me as an investor that we can fast react by consensus and make positive adjustments to the digital asset - btsz. Only dynamic models are viable, we do not have to turn our coins into a stone statue. Now the market requires a reduction in supply. And we must take action. After all, one of the goals btcz is to increase the cost and turn into a payment instrument.