Quote from: schnidl on February 21, 2018, 01:42:46 PM

Quote from: nemwanderer on February 21, 2018, 03:48:21 AM

Quote from: wiser on February 21, 2018, 03:32:43 AM

Quote from: gentlemand on February 21, 2018, 03:05:40 AM

https://twitter.com/NEMofficial/status/966145370060279808

The Petro happening on NEM is quasi confirmed by the NEMofficial Twitter account.

Some of the comments to that post are interesting too. There's one that says the value of having a platform open to all outweighs the risk that some might use it for evil. That's some good food for thought. It's the classic problem with freedom, which is that you (or others) are then free to make the wrong decisions.

Im not sure NEM is that kind of a system. I understood it as a corporate solution and thats what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO?

I need to have a think, but this materially changes my interest in staying in NEM.

I think you don't understand the fundamentals on which NEM and 99% of all cryptos are built. You can't prohibit anyone to use the tech, it's not possible. Doesn't matter which coin/platform Venezuela uses. The positive is, that under the thousands of coins they chose NEM, which is pretty impressive and speaks for its tech and ease of use.

There are no positives here. Being the platform of choice for an irrational dictator is meaningless.

Im not against decentralization but to me decentralization=democracy, not anarchy. A community as a whole should be able to vote on whether it will refuse to support certain initiatives.