Post
Topic
Board Speculation
Merits 25 from 10 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JimboToronto
on 17/05/2022, 16:12:02 UTC
⭐ Merited by BobLawblaw (10) ,vapourminer (4) ,El duderino_ (3) ,JayJuanGee (2) ,AlcoHoDL (1) ,bitcoinPsycho (1) ,fr4nkthetank (1) ,serveria.com (1) ,Heater (1) ,DdmrDdmr (1)
Hey here's an idea, how about NOT pre-mine 90 million ETC before launch? Or how about not moving to POS?

Bingo.

I attended Vitalik's speech at Decentral in January 2014 where he unveiled his plan for Ethereum. I liked his idea of smart contracts and multiple mining algorithms. At that time ASICs were replacing FPGAs and the idea of being able to mine with CPUs and GPUs again was appealing.

The deal breaker though was the pre-mining. What a scam. I didn't get into Bitcoin to try to make money. I believed in the technology and what it meant for escaping central banking tyranny. I saw through the blatant money grab and while I had the chance that day to get in at the start and make a lot of money, I took a pass.

I like having a clear conscience and keeping my karma clean. Fuck Vitalik (and his buddy Tony DiIorio) and fuck Ethereum.