Quote from: dzarmush on January 18, 2014, 09:02:20 AM

Quote from: buybitcoinscanada on January 18, 2014, 08:46:25 AM

Quote from: Come-from-Beyond on January 18, 2014, 08:41:21 AM

Quote from: ImmortAlex on January 18, 2014, 06:00:37 AM

Quote from: dzarmush on January 18, 2014, 05:51:21 AM

But destroy the money?

Let's assume there were 1Bil - 10M coins in the genesis.
What's changing?

Sending coins to the genesis increases value of the other coins. So big stakeholders get more benefit.

That is no benefit. it is short sighted, stupid and a funding and PR nightmare. What are we to tell people when they ask about the destruction of 1% of the currency? "Oh, it increased the value of nxt holders. It's a good thing." And what are you to tell those that you would expect a donation or bounty from? "Well we had 10mil Nxt, but couldn't come to a consensus so we burned it... but we need your donation." Good luck with that.

EDIT: Frankly I am completely dumbfounded that burning these 10mil Nxt is even being discussed.

It's like Jobs and Woz seating in the garage and discussing future of Apple:
We've got $10'000, shoud we use it for improving our computer?
Nah, burn the fucking money

Pin's version:
We've got $10'000, shoud we use it for improving our computer?
Will your dad give us $20'000 more if we use our $10'000
No
Then burn the fucking money

dzarmhus you must stop getting personal here. what is the matter with you!

read what I have written in stead of telling people what "I" have proposed, it was posing a posibility, did I say to do it that way? does it reflect what I should do?

NO

Pin