Quote from: smooth on April 25, 2014, 11:25:55 PM

Quote from: Johnny Mnemonic on April 25, 2014, 11:15:45 PM

abhorrently evil shit that BCN is used for on the deep web (and you know exactly what I'm taking about).

I frankly doubt that its used for much of anything (yet).

Are you going to investigate these marketplaces to see which ones accept BCN for payment? I sure as hell won't.

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The idea that BCN is being used for some large evil economy defies logic.

Smooth, I can tell you're an intelligent individual capable of critical thinking, so try not to preposterize what I'm saying. Trade on the deep web is almost entirely illegal. Of course illegal and evil are not the same thing, but quite a bit of deep web trade is evil, by most people's definition.

Which sounds more logical to you?

1. Write an entirely new cryptocurrency from scratch, incorporating an unknown (at the time) but rather brilliant cryptographic technology to secure privacy, all for the purpose of pre-mining the coin for 2 years.

2. Knowing that your product will fill a much needed demand in a very questionable market and choosing to remain anonymous and not promote it until the network is very secure.

To me the latter sounds much more plausible, considering I can think of about a thousand easier ways to create a scam.

Quote from: smooth on April 25, 2014, 11:25:55 PM

No exchanges, no real "outside" buyers, etc. BTC worked/works for SR, etc. because you could take those BTCs that you sold your "stuff" for and use them for other things, and because people wanting to buy that "stuff" could buy BTC to use.

Keep in mind the earliest BTC exchanges weren't much different from the spreadsheet exchange exchange we use here on bitcointalk. The idea that a coin needs to be traded around on cryptsy before it can be used as a currency is ridiculous. A coin's minability is exactly what decentralizes it and protects it from outside regulation.

EDIT: Speaking of the spreadsheet, you've made numerous BCN sales to people (myself included). We assume that you mined your BCN, but nobody really knows how you're acquiring it. Additionally, nobody knows what I did with the BCN I bought from you. The mere fact that we are trading it for valuable currency means that it does have value, and other folks can easily be doing the same thing.