Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
Boomslang
on 02/06/2014, 20:01:06 UTC
Hahaha bloody hell now hes throwing slavery into it lol, i gather your running out of straws to clutch  Cheesy

The parallel is deliberate.

People expect to be paid a wage for their efforts.  

This is the original plan and vision of the Satoshi whitepaper.  1 cpu, 1 vote.

That no longer applies due to advancements in technology and, in effect, the large scale hashers have become slave masters and the solo miner slaves to a mechanism that no longer treats them fairly nor equally.

90% or more of all miners are at a severe disadvantage - the methodology speaks of fairness and honesty, but this no longer applies.

The large scale miners have become private investors and, in effect, mint their own currency and quite often fob it off onto the weak and unwary in order to dominate the market.  This isn't Capitalism, it is slavery.  Greed, in this case, is NOT good.

The thieves that Satoshi warned against and hoped would be better paid through fairness and honesty instead, are winning. 

No, I am not accusing Libertycoin of thieving, before you start.