Post
Topic
Board Announcements (Altcoins)
Re: Ethereum: 2nd gen cryptocurrency with contract programming, "dagger" hashing
by
Rassah
on 23/01/2014, 19:46:18 UTC
To ignore coin and profit is to deny reality. Communism is a failed experiment. We laud your generosity to invest on possibilities and your wherewithal to invest 20 Btc on visionary projects. Thank you. However, your noble actions are somewhat diluted by your criticism of others.

Sorry, I'm not a communist, and that is not my intent with my post. My point is that it's like people are arguing about how many shares of stock Google has issued, and at what starting price, wodering how much their shares will be diluted, while ignoring the actual business plans and people behind Google who will actually make those stock shares be worth something. People focus too much on the supply/demand side of economics, not the network effects enabled by the capabilities of the coin software. Much like people who don't understand bitcoin complain about it's supply/demand, and complete lack of backing compared to FIAT and gold, while completelly ignoring the fact that bitcoin can replace most of our world's financial and legal asset systems.