Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: coin-ninja on April 03, 2014, 12:36:06 PM



Title: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: coin-ninja on April 03, 2014, 12:36:06 PM
Bit of a hypothetical q for those interested, if satoshi was not a greedy little shibe and had spent more years making every coin we see here today predicting multipools/attacks/asics perfectly, then just released them all in one big drop with bitcoin somewhere in there (to give each implementation a more democratic start) which one would reign supreme? or would they all flop?

He obviously ran through this in his mind but went ahead with the most profitable longterm avenue for himself, in the same way you would when choosing which coin to mine, he knew that and hence why we will be blessed with shitcoins vying for attention till the end of time unless they out compete heavily on all fronts.

basically if distribution, release timing/adoption weren't an issue and only judging on the details which one would you back the most?


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: Subud! on April 03, 2014, 12:41:44 PM
I like the scrypt version of peercoin.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: Nxtblg on April 03, 2014, 01:27:54 PM
Bit of a hypothetical q for those interested, if satoshi was not a greedy little shibe and had spent more years making every coin we see here today predicting multipools/attacks/asics perfectly, then just released them all in one big drop with bitcoin somewhere in there (to give each implementation a more democratic start) which one would reign supreme? or would they all flop?

He obviously ran through this in his mind but went ahead with the most profitable longterm avenue for himself, in the same way you would when choosing which coin to mine, he knew that and hence why we will be blessed with shitcoins vying for attention till the end of time unless they out compete heavily on all fronts.

basically if distribution, release timing/adoption weren't an issue and only judging on the details which one would you back the most?

Hard question to answer, but the right question to pose. +1 for asking it.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: Voluntold on April 03, 2014, 01:30:37 PM
Still goin with NXT.  Most innovative one by far.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: brokedummy on April 03, 2014, 01:33:11 PM
asspennies


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: casascius on April 03, 2014, 01:39:30 PM
This proposition is insensible. It is like asking if Disney released Frozen in the theaters, on DVD, and on BitTorrent all at the same time, which would you choose?  And then after downloading it, thanking BitTorrent for making the movie, not Disney the greedy thugs whose employees expect to get paid to work, you know, unlike Satoshi who worked for free, and holds coins which are nothing more than random numbers out of thin air that have value only because the idea he created and gave away turned out to have some sort of merit.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: btcltcdigger on April 03, 2014, 01:44:05 PM
Wouldn't pick any coin, because most of this forum would call him a scammer


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: roslinpl on April 03, 2014, 01:50:51 PM
Bit of a hypothetical q for those interested, if satoshi was not a greedy little shibe and had spent more years making every coin we see here today predicting multipools/attacks/asics perfectly, then just released them all in one big drop with bitcoin somewhere in there (to give each implementation a more democratic start) which one would reign supreme? or would they all flop?

He obviously ran through this in his mind but went ahead with the most profitable longterm avenue for himself, in the same way you would when choosing which coin to mine, he knew that and hence why we will be blessed with shitcoins vying for attention till the end of time unless they out compete heavily on all fronts.

basically if distribution, release timing/adoption weren't an issue and only judging on the details which one would you back the most?

I would pick only Bitcoin!


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: coin-ninja on April 03, 2014, 02:23:42 PM
This proposition is insensible. It is like asking if Disney released Frozen in the theaters, on DVD, and on BitTorrent all at the same time, which would you choose?  And then after downloading it, thanking BitTorrent for making the movie, not Disney the greedy thugs whose employees expect to get paid to work, you know, unlike Satoshi who worked for free, and holds coins which are nothing more than random numbers out of thin air that have value only because the idea he created and gave away turned out to have some sort of merit.

If he never gives them away, his holdings don't realise their value, so he was working for that value (not free) which i have no problem with btw and he deserves every satoshi ... My point is he knew the shitstorm would come, and as tech enthusiasts we are playing into his game perfectly, placing a huge value on existing adoption because it is used by others and that is not normal for nerds who normally gravitate to the best engineered and most logical solution.

So with the murky topic of money maybe we aren't they best bunch to analyse merit if we can hardly come to any sort of consensus outside of original top 2. I think giving our seal of approval to something new every week will mean even the coin devs will start to look for other distribution channels to get a truer measure of validation.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: solarion on April 03, 2014, 02:49:53 PM
This proposition is insensible. It is like asking if Disney released Frozen in the theaters, on DVD, and on BitTorrent all at the same time, which would you choose?  And then after downloading it, thanking BitTorrent for making the movie, not Disney the greedy thugs whose employees expect to get paid to work, you know, unlike Satoshi who worked for free, and holds coins which are nothing more than random numbers out of thin air that have value only because the idea he created and gave away turned out to have some sort of merit.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: feina24h on April 03, 2014, 03:26:46 PM
NEM fairly distributed


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: mustyoshi on April 03, 2014, 08:13:56 PM
Primecoin or Riecoin, because the PoW is the least useless of the bunch.


Title: Re: If Satoshi released all the coins you see today in 2009, which would you pick?
Post by: Warning__3 on April 03, 2014, 09:38:03 PM
i'd pick a 100% POS coin just because it doesn't take much to function as a whole coin :)