Whether or not paycoin is a ponzi scheme and despite the ethics of the way it has been launched the question of paybase prevailing as a good thing is questionable in itself as well as it isn't as decentralized as we want and there are some serious concerns about the inflationary nature and collusion with regulators which many don't care for.

If they want to be govcoin 2.0 and aren't a scam than fine, I won't try and stop them, but don't expect us to want to care or deal with cryptofiat and josh better come clean about the MSB if he is going you play the role of doing everything by the book.