Premined = BS
So you don't want the dev to have any coins to promote, to giveaway? So you want as few people as possible to know about this coin? How can a coin dev develope the coin if he has nothing to work with??? Why is it a scam when the creator of a coin wants some share of it? Do you have any idea how businesses operate in the real world. Do you think everyone just works for free? Can you explain how it is a "scam" when someone opens a business and takes a share of it, and tells everyone upfront about it? Look at the definition of the word scam and defend your position please. I await your profound knowledge gained from your many years (16?) on this planet.
definition of scam :scam
skam/Submit
nouninformal
1.
a dishonest scheme; a fraud.
"an insurance scam"
synonyms: fraud, swindle, fraudulent scheme, racket, trick; More
verb
verb: scam; 3rd person present: scams; past tense: scammed; past participle: scammed; gerund or present participle: scamming
1.
swindle.
"a guy that scams the elderly out of their savings"
synonyms: swindle, cheat, deceive, trick, dupe, hoodwink, double-cross, gull; More
Sorry, I see that you called it BS, normally all the teenies and 20 something's like to scream scam because they have no experience in life about how a business is run. So if you want, you can defend your position on premines, which you say are BS. So look at the definition of bull shit(and I bet you have never been near a loading dock and a mad snorting bull who does actually shit all over you, I have, so I know what actual bull shit smells like and feels like) below and tell us how holding back some ones and zeros on a hard drive, also known as a premine, is the same thing as bull shit.
bull·shit (blsht) Vulgar Slang
n.
1. Foolish, deceitful, or boastful language.
2. Something worthless, deceptive, or insincere.
3. Insolent talk or behavior.
v. bull·shit also bull·shat (-sht) or bull·shit·ted (-shtd), bull·shit·ting, bull·shits
v.intr.
1. To speak foolishly or insolently.
2. To engage in idle conversation.
v.tr.
To attempt to mislead or deceive by talking nonsense.
adj.
Very angry; incensed.
interj.
Used to express extreme displeasure or exasperation.