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Overall merit is just a stupid intangible shit that is made of thin air, and people give so big fucks about it, whilst they could be doing so many better things in life. I guess this is what it feels to be , when you're broke and anti-social, so you come out here in an internet forum , and try to make yourself feel better whilst earning in small bits and pieces of bitcoin.
I don't get how exactly merit is stopping scammers? Spammers would make sense, scammers not so much.
People really also need to get over merit, its almost a year now, go and actually do something productive.
Agreed.
Well, spammers directly for sure. However it also does prevent account farmers powering up and selling them to scammers. I would also hope that cutting off all spammers of sigs promoting scamming icos will stop them attracting funds and eventually hopefully even stop launching them. I personally view capped icos that meet their hard limit in 30 seconds a huge scam. This is like a huge instamine or even premine in the old pow days. That's not allowing for the icos that just collect and leave with the btc/eth