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justabitoftime
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May 05, 2013, 07:51:38 PM
 #21

The only non-scam coins, imo:
 - Bitcoin
 - Namecoin
 - PPCoin
 - Devcoin
 - i0coin

This illustrates the overall problem, everyone has their own definition but speak about it like it's some agreed upon truth. At least Tittiez mention imo.

The same thing happened in the poker industry. Terms like fish have lost all meaning because everyone overused a term no-one could really agree on in the first place.  This industry has a lot of growing up to do.

anderl
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May 05, 2013, 08:03:38 PM
 #22

If I have a mainstream business and I give large discounts to friends and family, is my business now consider a scam because I charge everyone else full price?

What do you think about insider information?  If your friends and family are told about the non public details of your company which gives them a competitive advantage in the marketplace have you defrauded the public?



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