Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - zkSNARKs 21b max POW-Zhash No-Premine No-Dev Tax
by
simbav
on 10/02/2023, 22:29:17 UTC
By the way, Having bought some BTCZ and mourning here, doesn't really help BitcoinZ and it is selfish behaviour that it may perfectly match with other cryptocurrencies which use ICO (Initial Coin Offerings) or Premine/Instamine procedures in order to build a pile of coins for specific closed groups. These groups use a part of the built funds in order to deceive people, making them think that their project has something unique so the speculators/investors throw money into their project that is usually abandoned for the next one.

In reality, because of this situation, there are so many thousands of useless cryptocurrencies.
A few people, usually the "developers" are making money and the most who don't make it feel really bad because the rich developers in the end abandoned the project for their next ICO/PREMIME scam.

BITCOINZ never had any premine or ico and never had any paid developers to do any job in its ecosystem. Everyone is free to voluntarily support either its network by mining or even more importantly, to offer some work for expanding its ecosystem.

It is more than clear that if everyone had the logic I will just buy some BTCZ coins in order to just sell them later, BTCZ would be stagnant without any development all this time and no future at all.

This kind of logic maybe is ideal for bubble projects and speculative games. Not for BTCZ, not for a real Community driven project with a fair and transparent launch.
 Kiss