Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BEN] Benjamins ◄ SHA-256 ►◄ NO HARD FORK INCOMING ►◄ Cryptsy ►◄ PAYSHA! ►
by
itsunderstood
on 10/03/2014, 19:12:49 UTC
yeah totally luck.

I am okay with that.  Just wasn't sure if anything had been changed because those blocks came pretty quick.

But I am sure Ben is working hard, nice work so far.  My main concern is security since that's where existing POS systems fail badly.  Admittedly they do billions in $$$ with no problem, but in this new era, their outdated antique network and devices are a serious weakness.  Therefore, if one doesn't build next-gen POS devices and networks with security first (a new paradigm) then there is no point in doing it at all, else more innocents will just be fleeced.

But anyway, back to the topic, do what you want with the coin, but as for merchants, you need to convince them that it is in their best interests to purchase a mining device A: for TX improvemnts, and B: to pay themselves a bit.  So, if trying to see the future at zero-cost for the merchants, that's not realistic.

But then, merchants are dummies when it comes to tech.  So, it is hard to educate the monied parties, because, the past ways have made them rich.  And, they think they won't lost their money.  But then, all fiat is actually debt, not money.  So, I would say a technically-supported cryptocoin as BEN, is actually more real and more appropriate, than all these debt based fiat systems.

The first nation or concern that goes all in, on some coin or basket of coins, will gain a huge advantage over other players.  I feel sad that America is run by dummies who can't see that.  Or, perhaps that is why they fight BTC and crypto and make fun of it.  That is often what people do, when they are scared.