Post
Topic
Board Bitcoin Discussion
Re: What I"d do for an alt coin if i was an Evil Genius! (probably already a thread)
by
Searing
on 04/03/2014, 02:28:21 UTC
I can see one or more corps doing it but never a several acting in unison.  I also couldn't see the no premine.

They would have to do a 50% premine so they could put it in their vaults and set the rate for fullfillment for total coins produced at like 5 years.  

yeah..i agree the only guy who could probably pull this off if he wanted to play evil genius is warren buffet

make what he would call a buffet coin....use sha-256 no premine diff starts 0 at a particular date

add some buffetcoin  insurance option you buy it at 556 and it tanks 1yr later you get 556 back even if it is 200 or 2000 (i guess
such insurance exists) spendy as hell thou

with his clout something like this may not fly but it would be a fun  2 weeks of the press asking other large
corp entities why they need all the hooks they'd want to add

heck dodge coin is working so far this would probably work for a bit..the PR would be amazing imho

anyway all this is just fun speculation....none of it will happen in that i agree with you corp types would have to have a "hook"
out of the gate purely open source like btc etc..no way they have the clout to pull somehting like that off ..nor would they
feel comfortable doing so

but the 'what if" is kinda fun

Searing