people can't trust the network because it's run by fucktards
You said it...
Well, considering a generous portion of the general public falls within the "fucktards" category when it comes to security,
this is inevitable. We need to find a feasible way to sponsor growth. Calling for "no help to n00bs to maintain a barrier to entry" is a good way to commit coin-cide.
If masternode adoption were key to widespread use, you'd be right. But it's not. So you're wrong. It only needs 2000 +/- people on the entire planet to not be fucktards. It's a bit of a stretch, but I think it's possible that 2000 human beings out of the entire population of the planet are not fucktards. Maybe I'm just optimistic... ;-)
Didn't I just tell the whole thread that my seemingly god-like investment strategy is based on nothing but the inevitability of humans being stupid and simply being prepared for it when it strikes?
The problem with the above paragraph is that you assume you can prevent the fucktards from participating. You effectively can code so only approved master nodes can participate, but then that's a move toward centralization in the eyes of the general public creating an elite few. If you don't employ an approval system with the code, then anyone can participate, and given the earning potential is there fucktards will do so. Thus the potential to relive the debacle of today will continue to exist.