Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][ZEIT] ZEITCOIN -- 100 MILLION COIN GIVEAWAY! - MARCH 1 2014
by
LightRider
on 19/02/2014, 23:07:55 UTC
I have been a TZM member and coordinator for a long time now. I have been engaging this community with the idea of an RBE for a couple of years. https://bitcointalk.org/index.php?topic=5373.0

I don't know exactly what to think of this endeavor. It seems counter to the core principles upon which TZM is founded. While I certainly am excited about Bitcoin and the technological developments it represents, I have always considered it a transitional technology to be exploited by the movement, but not in such a direct way. Creating yet another altcoin is probably not the best expenditure of efforts we can be pursuing. Many of our members are already donating compute time to worthwhile distributed computing projects trying to solve actual problems, and there may be friction or conflict in trying to encourage them to divert that towards mining for monetary gain.

I understand what you're trying to do and I appreciate the enthusiasm, but I do not think it is in the best interest of the movement on the whole. Even with that said, I, nor anyone else has authority over you to tell you what you can and cannot do. I will be following your project with interest and will be looking forward to seeing what comes of it. I hope my concerns are unfounded, but only time will tell.

I see your concerns LightRider. What I know is that the dev is a very mature person who has organized this more than well until now. Just imagine that we are 11days before the launch and most of the stuff is already ready.

I really like this and thats why I wanna trust this coin. And even if its hard to correlate the zeitgeist movement with altcoins, we people can support it and all of us work into making this thing succeed.

It does make the movement vulnerable to criticism, hypocrisy being the most critical charge that would be leveled at us I think. I think that trying to artificially crate more interest in the movement by giving away "free money" as it were may not be the best way to do so. It may distract from the train of thought we're advocating.

But it is my disposition to be concerned about such things, and they may be unfounded. Time will tell.