Bitcoin Forum
May 26, 2024, 05:16:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Was this NVC/Btce drama a culture conflict?  (Read 1208 times)
bitcool (OP)
Legendary
*
Offline Offline

Activity: 1441
Merit: 1000

Live and enjoy experiments


View Profile
February 16, 2013, 03:10:30 AM
Last edit: February 16, 2013, 03:24:43 AM by bitcool
 #1

Looking back what had happened, it seems btce/NVC insiders genuinely didn't know what kind of a bad image they had projected, they thought what they did was acceptable.

Not to be a snob, but in many countries, the standard for being fair and ethical business conduct is much lower.  If culture difference played a key role in this, it could be an important event in cryptocurrency history; the implication can be two-fold:

1. It forces companies with global customer base to change behavior, destroying 110K NVC can be viewed as such a compromise.

2. It may give a reason for the existence of regional cryptocurrencies. If you are a American, don't mess with RussianCoin, it's different world with a different set of rules of behaviors.  
hanzac
Sr. Member
****
Offline Offline

Activity: 425
Merit: 262


View Profile
February 16, 2013, 04:12:36 AM
 #2

I think American mind-set is not over the other region. Please don't be such pride, mean and prejudice. Everyone can do whatever they like they want as long as they don't hurt/cheat the others intentionally. Don't ask some people to behave to some high standard, ask yourself have you ever done like you asked that high standard.

People like to live with their friends, with some one they familiar, and take that as priority, I don't see this has any malicious intention. It doesn't conflict with the free of choice principle. Have them forced you to buy something, tempted you to give out your money?
someguy123
Sr. Member
****
Offline Offline

Activity: 336
Merit: 254


CEO of Privex Inc. (www.privex.io)


View Profile WWW
February 16, 2013, 04:25:16 AM
 #3

Mining so much before an official release to the non-russian world? I'd love to know how this would ever be okay, especially for a coin with such a high starting value (the Russian community would've made a good $20k minimum just for all the coins they mined before the English release ).

It shouldn't matter whether you're Russian, American, British, or Asian, releasing a coin which was kept hidden outside of a single country until a large amount of coins were mined is just horribly wrong.

Regional cryptocurrencies are a good idea in some cases, e.g. if RuCoin was built more around Russian culture as you say, more Russians may prefer to use it over Bitcoin; but of course Bitcoin was designed to be globally accepted, it wasn't really designed to be "American only", such "regional cryptocurrencies" would just weaken Bitcoins acceptance there. Rather than starting all these region-only coins, it would make more sense to make services in that country which accept Bitcoin, which would help to Bitcoin much more widely accepted.

hanzac
Sr. Member
****
Offline Offline

Activity: 425
Merit: 262


View Profile
February 16, 2013, 04:34:52 AM
 #4

Mining so much before an official release to the non-russian world? I'd love to know how this would ever be okay, especially for a coin with such a high starting value (the Russian community would've made a good $20k minimum just for all the coins they mined before the English release ).

It shouldn't matter whether you're Russian, American, British, or Asian, releasing a coin which was kept hidden outside of a single country until a large amount of coins were mined is just horribly wrong.

Regional cryptocurrencies are a good idea in some cases, e.g. if RuCoin was built more around Russian culture as you say, more Russians may prefer to use it over Bitcoin; but of course Bitcoin was designed to be globally accepted, it wasn't really designed to be "American only", such "regional cryptocurrencies" would just weaken Bitcoins acceptance there. Rather than starting all these region-only coins, it would make more sense to make services in that country which accept Bitcoin, which would help to Bitcoin much more widely accepted.

Why? You want to forbid this act? Do like the central government/central power?

I think you mind is such narrow. If you hire some botnet operator to attack such behavior, I won't say you are mean or something. You can have the choice to fight for your own image of perfect world, that's your choice. But spread the FUD, I say you're just coward, only saying non-sence like losers.

Why it's not OK? If no one force you to trade it, no one force you to mine it, this is totally free of choice.
someguy123
Sr. Member
****
Offline Offline

Activity: 336
Merit: 254


CEO of Privex Inc. (www.privex.io)


View Profile WWW
February 16, 2013, 04:51:10 AM
 #5

Why? You want to forbid this act? Do like the central government/central power?

I think you mind is such narrow. If you hire some botnet operator to attack such behavior, I won't say you are mean or something. You can have the choice to fight for your own image of perfect world, that's your choice. But spread the FUD, I say you're just coward, only saying non-sence like losers.

Why it's not OK? If no one force you to trade it, no one force you to mine it, this is totally free of choice.

I'm not wanting to forbid this act, it's just that it's a coin that shouldn't have really became so popular, I mean Balthazar even admitted that it was just to screw with the moderators:
https://btc-e.com/chat/history/12630
Quote
12.02.13 01:55:42 Balthazar: JonMc95, originally this project was created to troll russian subforums moderator... But some people started to mine it more active.

laughingbear
Deflationary champion
Hero Member
*****
Offline Offline

Activity: 622
Merit: 500


www.cryptobetfair.com


View Profile WWW
February 16, 2013, 04:52:09 AM
 #6

true, no one forced anyone to buy anything.

BUT

they tricked people into buying something.  that is criminal
hanzac
Sr. Member
****
Offline Offline

Activity: 425
Merit: 262


View Profile
February 16, 2013, 05:08:02 AM
 #7

true, no one forced anyone to buy anything.

BUT

they tricked people into buying something.  that is criminal

haha, high standard. Wink

You can't destroy all the poisoned mashroom, can you?  Wink

This is the nature, I like this kind of nature, because it makes the world not plain sweet.
matauc12
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
February 16, 2013, 05:41:18 AM
 #8

I think American mind-set is not over the other region. Please don't be such pride, mean and prejudice. Everyone can do whatever they like they want as long as they don't hurt/cheat the others intentionally. Don't ask some people to behave to some high standard, ask yourself have you ever done like you asked that high standard.

People like to live with their friends, with some one they familiar, and take that as priority, I don't see this has any malicious intention. It doesn't conflict with the free of choice principle. Have them forced you to buy something, tempted you to give out your money?
I don't know why your panties are such in a bunch. His post was about understanding cultural differences, not denying them. It was very clearly not in a racist way and your example is the exact same one as he gave but with a different subject.

Maybe non-north Americans have poor  reading comprehension? (Now that is an attack and an insult and just meant to prove a point.)
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
February 16, 2013, 06:09:14 AM
 #9

I'm not wanting to forbid this act, it's just that it's a coin that shouldn't have really became so popular, I mean Balthazar even admitted that it was just to screw with the moderators:
https://btc-e.com/chat/history/12630
Quote
12.02.13 01:55:42 Balthazar: JonMc95, originally this project was created to troll russian subforums moderator... But some people started to mine it more active.

Oh my gosh, wow.  That is awesome.

If Balthazar really did sucessfully implement Project Trollcoin, I bow down in humble reverence.

Full Disclosure:  I bought 3BTC worth of Trollcoins and flipped them for a quick 0.2BTC return on investment.

PPC + Scrypt seemed innovative enough, and the hype guaranteed momentum sufficient for decent profit.

I didn't keep any of the free Trollcoins I earned, because I don't believe in proof-of-stake (reeks of communism).

But if I had realized it was an Epic Prank, I would have kept a few as souvenirs.

That makes me no better than the nonstop-whining lot who got totally and completely trolled (*cough* TradeFortress/smoothy/laughingbear *cough*).



Well played, Balthazar.  Well played, indeed.   Embarrassed -->  Grin


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
hanzac
Sr. Member
****
Offline Offline

Activity: 425
Merit: 262


View Profile
February 16, 2013, 07:44:02 AM
 #10

I don't know why your panties are such in a bunch. His post was about understanding cultural differences, not denying them. It was very clearly not in a racist way and your example is the exact same one as he gave but with a different subject.

Maybe non-north Americans have poor  reading comprehension? (Now that is an attack and an insult and just meant to prove a point.)

No, I don't target to bitcool. I just wanna say some words toward the threads pop up these days.
RoadTrain
Legendary
*
Offline Offline

Activity: 1386
Merit: 1009


View Profile
February 16, 2013, 08:33:23 AM
 #11

I don't know why your panties are such in a bunch. His post was about understanding cultural differences, not denying them. It was very clearly not in a racist way and your example is the exact same one as he gave but with a different subject.

Maybe non-north Americans have poor  reading comprehension? (Now that is an attack and an insult and just meant to prove a point.)
I've been hurt by this line:
Quote
Not to be a snob, but in many countries, the standard for being fair and ethical business conduct is much lower.
Because he assumes that western standard for being fair and ethical business conduct is a world standard and most countries and societies can only dream of reaching such a high standard. Don't wanna mention imperialism.
For sure, cultural differences played a role.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!