move this thread to alt coin area, please.
+1
+1 from me as well. Keep the latest flavor-of-the-monthcoins in the appropriate subform.
I suppose you're right yeah. When Satoshi Nakamoto invented bitcoin, he just intended people to buy and sell them on exchanges and not actually do anything else with them. All he had in mind were pump and dumps, weekend dips and bi-annual bubbles. He didn't actually intend them to be revolutionary for humanity at all. Best we forget about any other silly aspirations people may have.
Heh, yeah. I didn't want to be too quick to judge, because admittedly, I don't fully understand how mastercoin works. I read the white paper and some articles on it, and I have an idea of what it's supposed to do, and it's something that I believe is inevitably coming to bitcoin. I think the reason people are dismissing it outright (and understandably so) is that it has the word "coin" in the name. That was a pretty poor marketing decision. With so many new altcoins coming out all the time, we can't be bothered to learn up on them all and what makes them slightly different than the last one, only to realize that it offers no functional advantages. As a result, we've been conditioned to pass right over thiscoin or thatcoin. Mastercoin isn't even a coin, in the sense that the other alts are, it's purpose and goals are entirely different.