Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
Hahaha bloody hell now hes throwing slavery into it lol, i gather your running out of straws to clutch 
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.
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.
If more and more people demanded to be paid with Bitcoin, those coins would need to be purchased with cash and then paid to the workers. How long do you think it would take to spread 21,000,000 coins? There are billions of people. Add in all of the other cryptos if you want. Maybe some want litecoin or libertycoin. Eventually the coins would be mostly off of the exchange and used as currency. At that point the cash used to purchase them would be near worthless. And yes, those minors would make a lot of cash. But like I said the cash would be worthless. So, the people would hold the value.
On another note: liberty coin is not mined, so why are you mentioning large scale hashers here?
It seems you're a slave to your relentless need to insult the intelligence of, and manipulate the people around you.
Incorrect. Libertycoin WAS mined, it only lasted 3 days instead of the projected 5. The reasons are obvious.
It is not I that is doing any manipulation.
If someone teaches you how to paddle a canoe correctly so you do not drown, is that manipulation?
Why don't YOU start another thread teaching people the laws of crypto-economics.
I've not seen anyone on here thank you or you're buddy for the education. It's really very obvious no one wants, here, wants your education.
Knowing this, if you continue to "educate" you will be acting in contradiction of the peoples wants.
See, education is great, but your not educating.
You are insulting with your arrogance, and OBVIOUSLY ATTEMPTING TO MANIPULATE.