Right. thats it......Rettycoin is underway!
ICO price only $5 per token. Max supply only 300 trillion!
Who's in?

Great info by the way, just goes to show how easy it is to be scammed!
You see I fundamentally disagree with this logic. ERC-20 is a valid technology, and like any other tech, it can be used for scams. It is people who always decide if the tech will be used for good or evil. A screwdriver can be used to rob people. Hammer can be used to kill. Most of the world's criminals using fiat, not crypto. If not this tool - scammers will use some other tool like they did before (remember insane premines, rigged wallets etc). Scammers will always find a way, and we shouldn't stop progress because of that.
Who said it wasn't valid technology?
Wherever money/value is involved there are crooks,thieves and scammers. Its happened for thousands of years and i have no doubt it will continue in the future.
There was no logic in my reply, it was quite obviously said in jest...sorry it didnt amuse you!