Okay, we all had our fun. It is time to stop this.

[nutildah]

The whole point of cryptocurrency was it was supposed to be able to help the poor and middle class move money without having to pay ridiculous taxes and transfer fees.

As some one who was actually a very big part of the very first altcoin and many of the followers, that is not why they were developed.

OK fine, its why bitcoin was invented. And it was certainly a potential selling point, but its not any more.

[kelsey]

The whole point of cryptocurrency was it was supposed to be able to help the poor and middle class move money without having to pay ridiculous taxes and transfer fees.

As some one who was actually a very big part of the very first altcoin and many of the followers, that is not why they were developed.

OK fine, its why bitcoin was invented. And it was certainly a potential selling point, but its not any more.

yes, peer to peer currencies (and btc wasn't the first), are designed simply to leave out the greedy none productive middleperson, money changes etc btc itself also to aid micro-transactions.

something completely lost to the current bitcoin developers

now their are tons of 'money changes' in crypto.....taking their cut no different from fiat.

as for helping the poor, well no matter what your poison when it comes to currency those rich in fiat will always be those rich in the new currency.

most the 'crypto' crowd these days is the 'get rich quick crowd'

[kelsey]

The whole point of cryptocurrency was it was supposed to be able to help the poor and middle class move money without having to pay ridiculous taxes and transfer fees.

Litecoin - cpu based and first major scrypt coin.

~BCX~

litecoin was invented as a break from and improvement on all alts before it, ie not to repeat previous crypto mistakes, cpu based as to not compete against btc mining.

(btw adding to ur points not debating them BCX as i know u know ur stuff)

so far in my opinion the most potential out of all cryptos todate.

[nutildah]

Well Litecoin sure is trying to make a roaring comeback. Maybe the coins that have been around the longest and have demonstrated the most stability are the best long-term bets. Namecoin being an exception, unless they can totally change the protocol to allow .bit domains to work without the browser plugins. Namecoin still works perfectly fine as a currency, tho. It has more deflationary capability (good or bad, you decide) than BTC or LTC.