Quote from: coblee on September 13, 2011, 08:17:44 PM

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So instead of being open and telling people about your 7 mil pre-mined coins, you expect people to deduce that you mined some coins by the fact that you said "bounty" and using "100% squeaky clean" coins. Well, bounty coins can be mined after the coin has been published.

Um, so far, this approach has not even been tested, let alone demonstrated.

Besides, I think that somewhere later on I said I was "giving away everything except the Laundry and Bounty fund".

Quote from: coblee on September 13, 2011, 08:17:44 PM

You purposely did not mention that you pre-mined 7 million coins because you knew people would not mine your coins if you did that. Tell me that's not true.

Not so much "wouldn't mine" (everyone and his dog can plainly see that the only use millions of Geists could have is 1) Binding them in a huge laundry 2) slowly, very slowly spending them, with a solid chunk being spent on the project itself (so that the utility, and thus price, of the remaining Geists would rise) but "would start a 10 page long discussion about how to best manage the Fund and how large a buffer does Lolcust Laundry need to server an order of laundering 500 000 bitcoins through GeistGeld instead of addressing technical issues which are of far greater importance.

People mined IxCoin after all, and I don't remember ixCoin dude setting up a Really Huge laundry (or even intending to do so), or even bothering to pre-mine his rations in a manner that places minimum burden on the chain, thus I don't expect people to run away screaming because of Fund.

I do expect it to be a potent flame vector, though.

Quote from: coblee on September 13, 2011, 08:17:44 PM

I don't doubt that you have good intentions with those 7 mil pre-mined coins. But hiding information is not a good way to go about it and it definitely hurt the trust people have in you and your coins now.

I wasn't explicitly hiding it though - in fact, relevant commands can be found in the config in plaintext, and given how every-single-coin (except namecoin maybe?) premined, I honestly did not expect people to even entertain but a single doubt that I did premine.