Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 30/11/2018, 00:22:59 UTC
What tarmo888's hiding: With the again crazy distribution method people get bites that don't really do anything with it. - KYC sheep are only interested in Fiat.

I'm sure the team is aware of that. Which makes the suspicion stronger that these tricks are really about something completely different.

The team is obviously not interested in creating a benefit that ultimately leads to broad acceptance.
Proof:

This is not how it works, nobody forces you to use Byteball like government forces you to use the fiat. You pick whatever cryptocurrency that suits for you by doing the research what the coin is about. If you want sell your Blackbytes on something, go build that something or convince somebody else to build it for you. You are not convincing anybody at the moment because you think that you can force others to do something (also not how open-source works).

Nobody is forcing you to participate where you think that the amount of privacy you give away is not worth it. You can still use Byteball even if you don't do KYC and your personal info is safe in your wallet, not on public database. Not everybody who does KYC is interested in withdrawing to shitty fiat currencies, many do KYC in order to buy cryptocurrencies legally.

Whales get it only when people who don't understand cryptocurrencies sell their coins, so instead of spreading FUD and causing the price to drop, we should educate them not to sell. Bitcoin would not have dropped so low either if there wouldn't be so many people who don't understand the value (it's not privacy, blockchains are public) in cryptocurrencies. Then again, it probably wouldn't ever gone so high either.