Post
Topic
Board Altcoin Discussion
Re: Why do people believe that Proof of Work is good for distribution?
by
Voluntold
on 06/07/2014, 12:17:27 UTC
Guys, this is a serious question. Go to the kindergarten if you want to talk this way.

I'm %100 serious.  Initial distribution doesn't matter.

Edit: It does matter if all you're interested in is getting rich yourself.  Which isn't a bad thing.  Just wish people would be more honest about their greed instead of trying to make dumb arguments about "unfair distribution".

ok - let me throw this prickly one at you genius.

what about the insane idea that people just think you are scamming them? and then never buy into your "it doesn't matter how its distributed " currency or investment?

did you ever think of that? - or, were you kind of falling back on the Facebook example ?

You're just telling me more and more about yourself.  So you didn't get in on an IPO (maybe Nxt?) because you thought it was a scam, and so now you're jealous of other people that are getting the huge reward for the risk they took?...  Sorry, I didn't get in on any of 'lucky' IPOs either, but I'm not going to blame that on the mechanism for initial distribution or securing the network.