Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
nextgencoin
on 27/01/2014, 06:22:43 UTC

Dude if all the accounts are owned by exactly one person per account or a few people opened multiple accounts it makes no difference to your one stake. You will get around 1m, whatever people do that's why its not worth envying others and just be grateful you have this opportunity.

You obviously didn't understand the criticism. If this coin is modeled on fairness how is it fair that some people can claim more stake than others?

It doesn't matter that the amount of stake doesn't change. The fact is if someone gets 20x stake, his value is 20x that of mine.
I get 1 million and some unethical person gets 20 million? it also devalues the value of everyones stake. If we have 3000 stakes but only 2000 users then we have lowered the value (inflated) our stake by 50%

Isn't that quite obvious?
Every single fake account devalues your stake. That is so painfully simple I can't explain it any more straightforward.


No it's actually you that doesn't understand the unfairness that people objected to with NXT, ie access. Only a small number of people were allowed or get in early. The point with this is anyone who wants can easily get involved. And it's you that doesn't understand the maths, 1m is 1m who ever owns the rest. 4,000 is a hell of a lot of accounts even if some are multiple ones. Even in mining you have someone with bigger rigs than other people, but this way the coins are spread pretty thinly and everyone who is interested can buy in. I got a friend of mine involved today on FB, if he couldn't open an account it would only be for seasoned Bitcoiners like, well yourself probably, is that fair? Let the chips fall and let everyone go for it and don't envy and enjoy your 1 million coins for the price of a hamburger for crying out loud.