Quote from: rpietila on September 09, 2014, 02:26:11 PM

Quote from: illodin on September 09, 2014, 01:29:34 PM

Quote from: rpietila on September 07, 2014, 01:53:50 AM

Show me a coin where the dev holds less than 1% of the coins in circulation.

If someone's gonna own 1%+, who'd be better to have it than the dev(s)?

With the high regard that I have to some devs of some coins, in economic matters I trust much more those who have actual success to show in being shrewd with money - entrepreneurs, successful entrepreneurs, self-made men, the ones that have not succeeded by bootlicking governments, but who rather have a track record that governments have continued to attack them, closing their businesses, confiscating their assets, accused them in court on charges based on their own anti-competition laws, yet they have not lost heart, and still have an unwavering spirit to accompish what yet needs to be accomplished. The type Ayn Rand wrote about. The little that we must yield to central management of any kind, I would like to hand over to these men. If there are concentrations of private wealth in this world, I would sleep most happily if it is in the hands of these men.

You continue the miss the point. Capital in your hands is useless in this arena because you can't develop what we need. That capital needs to be out chasing those who can develop it. Spreading it around more gets it moving and not buried in a useless vault.

Quote from: TheFascistMind on September 09, 2014, 01:26:13 PM

erroneously applying a confirmation bias thinking that all those investment companies they did before the Bitcoin investment where relevant

Quote from: rpietila on September 09, 2014, 02:34:16 PM

Quote from: TheFascistMind on September 09, 2014, 01:26:13 PM

People are here because of the excitement of the unknown. They don't want some top-down castle government dictating what is possible and impossible in this world of exciting possibilities.

I feel that you are needlessly patronising me. I try to find a place to function to the best of my ability, and in this case a little bit of creating that place also. This way I am happiest, and most productive. Not all the world needs to embrace the result, and as you said - potentially it does not even scale such high. It does not mean it is wrong, or even waste of time.

If you feel that I have tried to control you against your wishes, I am sorry. Every help that I have offered has come from the blessing I have received by being in Bitcoin in the right time.

You are not controlling me. I am trying to give you feedback on the question you asked in the OP.

I don't really have a problem with what ever you do. Only you can win or lose, it doesn't impact me what you are doing.

I am trying to explain that your confidence in your ability to select the winners and losers at the nascent stage of development is misplaced. You'd be better off with scattershot than concentration.

But alas, I have to let go....

...this is my last post. Seriously.

Good luck. We will be in touch in private communications in the future.