I can't work with bytemaster because he and I don't agree. He wants to make a socialist coin where everyone receives their fair share just by sitting on their coins, and I would want to make a capitalist coin which doesn't steal (ahem redistribute) value to give to the collective of coin owners. The coin owners are already profiting from the rise in value of the coin.
I do talk with others behind the scenes.
Are you saying he doesn't believe in the survival of the fittest?
He doesn't believe in the market?
That doesn't seem to be what his documents say on his websites. What gives you the idea that its a socialist coin? I never heard of that before.
The public discussions he and I had (in his bitcointalk threads) about how everyone gets what is akin to an interest payment, and how everyone who owns the domain name coin gets a payment. He claims to be Austrian economics based, yet apparently he and I disagree about what that entails. I'd rather not rehash that here. The prior discussions are available. My summary is inaccurate I am sure. Better to go read the prior discussions.
I never knew that. Maybe these coins have inherent value afterall.
How is it socialism though if we had to mine it (work for it) or buy it?
Since when was interest socialism?
The only problem with interest is where does that money come from? I wouldn't say it's socialism because it's more like property owners charging rent, but I suppose you could see it as a sort of tax but isn't that the same as what Bitcoin miners do with transaction fees?