Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
voisina
on 02/06/2014, 22:28:06 UTC

It's not so much the strengths of the devs or the community, but the principles on which they stand and adhere to.

No amount of promotion will help without a solid foundation.  You cannot polish a turd.

I am not a dev. Please explain precisely what makes it a "turd"

All cryptos are copy/paste of previous coins - all are subject to the problems I have highlighted.  All of them are potentially turds.  Just an anology, I'm not saying Libertycoin is specifically a turd amongst good cryptos, that's a misinterpretation.

In order to move forward, a new philosophy needs to be created.  

Reference : Thatcherism, 1980's.

The old order needed to be uprooted, examined and re-assessed.  A new foundation was required for the future.

Does Libertycoin want to follow the old ways or create something new?

Anonimity is not a new way forward, it is merely another coat of paint on the crumbling wall of cryptos.

I think Bitcoin is great accept for two things: its speed, and the infinite hashing power needed. Libertycoin eliminates these problems. Anonymity is great in a society based on solid moral footing. Or is it?  I don't know how solid our morality is these days. I think some serious study is needed to conclude anonymity to be, overall, beneficial or not. The only real way to figure out if it's good is to try it. Whether that will ever happen for money is anyone's guess.
However, remember to think big. To think big means an alternative to fiat currencies. A happy and cohesive society is not full of dark secrets. If the society is based on liberty, good moral ground, and natural law, why do we really need to hide our money movements. The largest benefit I see with anonymous money is to avoid the fraud and money controls set in place by the government. In a lawful society, these controls would not exist.
I'm not firm yes or no to anonymity.