Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD
by
morituri13
on 14/05/2014, 16:44:09 UTC

The existence of something like Black Shield is totally consistent with the idea of a free market, in fact it is the fact that we have a free market that allows us as individuals to decide to put our collective resources to use in a particular way free from any interference.

I understand how it could come across as anti-free market, as it appears that we are trying to 'correct' the market with Black Shield, however this is not the case. If the whales are free to alter the price to add volatility then we are just as free to reduce that volatility. In the end the market will decide what happens to Blackcoin and that is how free markets should work.

That's very true fortune143 and not a way I had looked at it previously. Thanks for the insight.