Quote from: inBitweTrust on December 29, 2014, 11:14:04 PM

Quote from: favelle75 on December 29, 2014, 11:06:33 PM

Quote from: inBitweTrust on December 29, 2014, 10:57:05 PM

The ends don't justify the means if they are able to pull off this stunt. Do you understand this?

No, this I don't understand. If they pull it off, and do everything they set out to do, then they clearly are NOT a scam or a ponzi. And in that case, what did they do what was so horrible that bringing a crypto to the masses doesn't overshadow?

I believe they were likely a fractional reserve cloud mining company (A type of ponzi) that has switched their business model(Possibly to prevent from going under like the many other recent examples) to another pump and dump ponzi operation. Paycoin2 itself is a PoS coin that is acting as the vehicle for this scheme. In the future, if they figure out a way to monitize this better , they may migrate away from being dependent upon these tactics and behavior and may even become legitimate, unlikely, but possible.

Even if we avoid the moral conventionalism debate. There current behavior, whatever their intentions , is unethical. The ends do not justify the means as it is highly unlikely to succeed and many will be hurt in the process.

You don't have to agree with me on the probabilities but do you at least understand my perspective now?

Yes, of course. I get your perspective. But if one believes otherwise, it doesn't mean that their morals and ethics don't line up with yours in the end. Far from it.