Post
Topic
Board Altcoin Discussion
Re: [OPEN LETTER] to Thomas Nasakioto
by
N12
on 20/08/2011, 21:20:51 UTC
Are you incapable of reading or are you just not willing?
No, are you?

https://bitcointalk.org/index.php?topic=37333.msg458441#msg458441

What does your post have to do with the fact that if Satoshi owns any amount as significant as the Ixcoin owner does (which is very probable), he could equally crash the market on his whim? How is the situation any different?

Who cares if it’s 1.5 million or 500k BTC? Also, there’s at least one known individual who owns 375k BTC, so he could probably crash the market the same way the Ixcoin creator could: https://bitcointalk.org/index.php?topic=6825.msg101096#msg101096

I just think it’s hypocrisy for not wanting to use a currency because someone could crash it but continuing to use Bitcoin. If your actual problem is that he pre-mined them and not how they are actually distributed, then say so.