Quote from: MidasCoin on September 19, 2014, 06:59:33 PM

Quote from: bathrobehero on September 19, 2014, 06:25:27 PM

Quote from: earlz on September 19, 2014, 01:29:12 AM

* MAJOR: This coin is centralized by design.

No, thanks. This could only end one way and it's just a matter of when.

There are much worst around there.

We have 0 premine, and premine is a much higher form of centralization.

Our only centralization is in the distribution, cause we back the value, and we can't (and don't want) pay for forked/inflated coin.
As far as our users use the official client, they will never be affected by a double spend, or a fork.

If you think that this is not a good thing, we can't convince you, but the trust will come with time

It's not about trusting you, you could be the most trustworthy being on the planet, it's about that you and your team do have the power to do whatever you want with the coin. It's the principle and what you're going for goes against everything crypto stands for. A premine has no relevance later down the line once a coin has been well established while centralization does, so no, you can't really call the usual few percentage premine less of a centralization than full blown centralization itself. If you can't work around that, you're launching a coin faulty by design. I'm not trying to FUD or anything just genuinely curious if you can't see that.