If you don't get in at the very bottom you set yourself up. If there is a premine and no trusted parties you can get rugged at the bottom. You see it's all a game. Then you have outside investors who can buy up and pump and wreck the project. It's like a double edged sword in the altcoin game. At this point if nothing is pushing Bitcoin it's likely a scam. How the hell is any of these altcoins worth a dollar? Don't care if it has a whitepaper or green paper how is it worth a penny? It's a risky game I'm telling you. Most of these altcoins should be worth nothing untill a community shows up or it hits the streets. Where's the product?
Even if there are trusted parties involved you can get rugged hard. Don't fall for those easy tricks of legitimizing bad actors. Look what happened with FTX and it was endorsed by many major names even if its founders had no clues what they were doing. Vouches and trusted parties are also very often a red flag.
You can't trust no one but there has to be some kind of trustworthy characters. Bitcoin would not have made it if the creator did not trust anybody. He had to trust Gavin and Hal look at the history of them the character. Projects aren't going to make it especially now of days without a super strong commitment. Satoshi was
thingthinking a century away to 2140. What are most projects thinking right NOW!!! Money money money.
Who ever Satoshi was I'm sure he had a life like Gavin Andersen and Hal Finney. It's not about us, it's about the idea and what we leave behind. This whole thing was a crazy idea and now Satoshi is a genius right? Most genius ideas are going to seem crazy because it's never been done before. FTX had to many bad actors inside of it Satoshi was probably watching out for that in Bitcoin. Nobody who endorsed Bitcoin in the beginning was a major name in the public eye.
Truth doesn't need validation from anybody it's up to the people. Soon as the government came in Satoshi vanished. All these big people in public are the biggest actors of them all. Good projects need real support in the beginning to hold it up. Satoshi set the blueprint on how to start it up. How can projects build and improve the "Bitcoin Ecosystem". If you noticed all the market prices follow Bitcoins movement because almost every thing is based on Bitcoin.
Satoshi used some real people you could see on his project that would be great. Having real life people everybody can track and watch. We don't need to know who the Creator is but real people would help new projects. Satoshi new politics he may have not been Japanese descent but that was a good choice for political reasons. If he was that doesn't matter but that choice was strategic. That takes the focus off the creator and on the project. That would effect everything if Satoshi had a image and was a big figure. He got out of the way because he knew the politics were coming.
If I could find a project that was true I might go public but I'm not interested in being in that eye. Do you know of any projects that might be able to get the job done?