Yes i am the smart one here.
Most readers here are interested in one or both of:
- profit
- achieving decentralization
What do you see as your motivation here?
I've seen you write basically communist statements stating that there is no way developers deserve to earn $millions, and they should improve technology with a ROI of 0 or some peanuts. As
the good Marxist that you appear to be, you do not seem to understand that nature relies on competition for fitness. Everyone has an opportunity-cost, and if they give up their production for no return, then they defy their evolutionary strategy. We men are competing for vaginas and other things for example. Someone might prefer to develop technology not for monetary gain, but for a reputation gain (or both!).
Btw, I agree that most ICOs appear to be about taking the money and not about actually developing anything realistic. I have not disagreed on that point. But that doesn't mean that I will do that. You have to wait until I do, then accuse me. Not before.
Now for example if I ever launch a project and make a $million in profit, but also create a huge $billions ecosystem and a realistic technology, then you will still complain that I took 1% of the ecosystem for my efforts? Because as a good Marxist you think I only need $10,000 a year to survive on, so why should I get a $million.
I suggest you move to Venezuela or Belarus.
About gambling and profit:
Sounds just like gambling to me. Whether people have a better chance to make money in this game or the lottery is unclear.
Why did nature make the thrill of crush, so that we cheat on our wives. Yet then your new crush demands you call her 5X per day and make babies. Was it any better than where you started?
The introduction of chance is absolutely essential to existence of possibilities.
It isn't our decision to make whether or not gamblers would be better off in some other way. There is nothing that top-down control can't destroy.
Do they really need a reason? ICOs are hot now. Investors want to buy, so people will come up with something to sell.
Imo, NXT needs to be relaunched back from the original genesis block and start fresh.
Or just move on to something else. There is no shortage of alternatives.
J
ealous adult men creating strawman squabbles over who can create a better gambling product
for the market that wants to gamble.
Buy low, sell high, and ignore the "holier than thou" pathetic, useless whining. Legality is the problem of the issuers and possibly the promoters, not of the speculators.
Compete or lose. Ask the Oklahoma Thunder how that works. I like to see any of these whiners in this thread whining on a basketball court about playing fair while getting repeatedly dunked on and ignored by the opposing team that is fast breaking obliterating them while the losers stand still pleading their futile case.
I bet these whiners resemble this 30-something guy who
can't even jumper higher than a shorter, chronically ill, muscle atrophied, 51 year old guy who hadn't been able to train his autoimmunity weakened legs.
All of us know that none of these altcoins have any relevance outside this tiny gambling ecosystem. We'll also know it if ever there exists something of greater relevance, because its million users adoption will exist not as a promise, hope, nor vaporware.