Quote from: TheronB on May 20, 2018, 08:22:13 AM

I'm not the one advocating that 51% attacks are a problem. I don't care who has the hashing power or how it is used. It's just natural selection. Some coins will be killed. That's good. Do we really need more than a handful of cryptos? Just let the free, open market sort everything out. Fighting the ASICs only DECREASES the chance of more competition eventually emerging. It's a short-term gain, long-term loss fool's errand.

I see a future with official government cryptos that operate on a universal network to allow cheap and easy but accountable transactions worldwide, excluding craphole, poorly governed countries that refuse to participate. That's why a handful of old school cryptos will explode after the coming crypto winter.

Once crypto is backed by GDP, it will be universally accepted and useable because it will be stable.

Speaking of which, you should applaud Bitmain for backing Circle/USD Coin. That's definitely a step in the right direction.

you see a future that is centralized... controlled, pegged...

bitmain backed circle usd coin as a bribe so they could bulid mining farms in the states. this was done for their best interests, not ours... they never have our best interests at heart.

the whole idea of crypto was supposed to get us away from centralization... away from politicians and governments that can be bribed... away from corruption...

when corrupt companies can do things the rest of the public can not - that is not an open market

if crypto is too volatile for you, stick to the USD. crypto doesn't need you. if you prefer centralized corrupt currencies... you already have them and you can want more... but don't tell us what we want... we know what we want.

as for natural selection... medicine is also a part of natural selection and ProgPOW is the medicine that POW crypto's need