We need to fix the image problem that people like yuriygeorge is spreading. It appeals to the masses envy of rich people who they think don't deserve to be rich.

My confusion is why the founds or at least the counter to the 71 greedy bastards rhetoric is that they took a chance and deserve to be rich. Excuse me? We can do much better than that.

What I don't hear anybody repeating is that BCnext essentially gifted millions of dollars worth of software to the founders. The founders did win the lottery, but really several million dollars shared by 71 people is not that big of a lottery win.

Why don't we turn it around and point out it is not the founders greed, but rather BCnext's generosity that is central to the origins of NXT. While I am sure the NXT dev team are all founders, I know for a fact there are many that just took a 1 BTC chance on an interesting sounding idea. I sure wish I had found the original BCnext thread as I would have tossed in a BTC on the off chance that it was real.

So all the talk about 60000000% gain is ridiculous. If someone gives you a million dollars for $20,000 are you greedy if you don't sell it for $50,000? Of course not, you just won the lottery. Now some founders cashed out really early and my guess is that a lot of others cashed out when NXT hit 10 cents.

That's quite a run, not from zero, but from several million dollars. We REALLY need to change our response to include this interpretation. Even assuming the original release was worth only a million dollars, it has gone up less than 100 times. That is still quite a bit, but we have to remember that this was split in two distinct phases. The first was as people realized NXT actually worked, ok, buggy but functional and debuggable. This take care of the first factor of ten. The next factor of ten is mostly from the alias function. This gives NXT namecoin functionality doesn't it? Doesn't it make sense that if NXT has namecoin functionality AND an extensible future, it should trade at a premium to namecoin?

How can we update the wiki, videos etc. to reflect BCnext generosity as the main theme of the genesis? Won't that play much better than what we currently say.


James

P.S. Yuri,if you are up for it, I will be happy to debate you point by point.