Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
rpietila
on 02/09/2014, 15:34:36 UTC
"I wouldn;t do anything more than virtual work for such virtual money..."

Yup. And the bolded one is spot on. Any one designing a crypto-currency better understand who the target market is.

It is possible that there will indeed be a govmoney, which is used to buy things that government produces extracts from the economy, such as taxes, sickness industry, public brainwash (sorry the official names are healthcare and education, but they are so far from the actual meaning in a full 1984esque style that I just cannot restrict myself...Sad ).

Then the free people want to use their free money to store their savings and transact between them. Monero is such a money. If it never grows bigger, it can still function between the limited number of users, who are not in it for getting rich anyway.

Bitcoin is in-between.

I have always thought that it is a "failure" for crypto to fail to become the money of the governed public. But as for me, I take a small free currency over a huge controlled one any day.