Dear Elon Musk.

[Kovinskii]

I find your suggestion very old considering that Elon has lost the public trust and has been caught in the lust for profit rather than the desire to develop and improve life on the planet

[1714865699]

1714865699

[Shasha80]

I find your suggestion very old considering that Elon has lost the public trust and has been caught in the lust for profit rather than the desire to develop and improve life on the planet

I agree with you, Elon Musk is increasingly showing his greed for what he has done in the crypto world. And began to slowly lose the public's trust,
this is the result that he did himself. I'm becoming increasingly skeptical of all the companies that Elon Musk is leading to make life on this planet better.
It is possible that Elon Musk's main goal through the company he leads is just to enrich himself. I really hate Elon Musk right now.

[Gcrypto786]

Elon musk is playing with the crypto investors' emotion and as per the recent Crypto Market crash, I make him responsible because of his greedy tweets. This is the reason I did not trust cryptocurrency.

[lepbagong]

I find your suggestion very old considering that Elon has lost the public trust and has been caught in the lust for profit rather than the desire to develop and improve life on the planet

it is inevitable that someone like @elonmusk with a large following will do something that is clearly aimed at benefiting him, but it all comes back to followers and investors, whether they want to continue to trust such people who only do bad news for crypto which clearly has no benefit at all to be able to taken as an example.

I agree with you, Elon Musk is increasingly showing his greed for what he has done in the crypto world. And began to slowly lose the public's trust,
this is the result that he did himself. I'm becoming increasingly skeptical of all the companies that Elon Musk is leading to make life on this planet better.
It is possible that Elon Musk's main goal through the company he leads is just to enrich himself. I really hate Elon Musk right now.

As entrepreneurs, what he do is clear we cannot blame because that is the goal he are looking for and now it is up to us as followers and investors not to make the mistake of accepting what is said without proper analysis. Such a person clearly aims to benefit himself and his company, but if everyone does not heed and keep quiet then there will not be too big an impact, this is because there are still many who are carried away by the incitement he does and make everything go wrong.

start with good thinking that don't give excessive trust to this kind of person because he only wants to damage for the sake of what he wants to achieve. enough is enough and don't give him any more room to be able to do this silly thing.

[Shasha80]

I agree with you, Elon Musk is increasingly showing his greed for what he has done in the crypto world. And began to slowly lose the public's trust,
this is the result that he did himself. I'm becoming increasingly skeptical of all the companies that Elon Musk is leading to make life on this planet better.
It is possible that Elon Musk's main goal through the company he leads is just to enrich himself. I really hate Elon Musk right now.

As entrepreneurs, what he do is clear we cannot blame because that is the goal he are looking for and now it is up to us as followers and investors not to make the mistake of accepting what is said without proper analysis. Such a person clearly aims to benefit himself and his company, but if everyone does not heed and keep quiet then there will not be too big an impact, this is because there are still many who are carried away by the incitement he does and make everything go wrong.

start with good thinking that don't give excessive trust to this kind of person because he only wants to damage for the sake of what he wants to achieve. enough is enough and don't give him any more room to be able to do this silly thing.

I am also an entrepreneur in the real world, there is nothing wrong with Elon Musk's goal of making profit for himself and his company.
If he really uses the right way to make that profit, I have no problem, the problem is he does it in a way I can't justify. There are still many
good and elegant ways that Elon Musk can do so that he can get the profit he wants. Don't manipulate the crypto market, it can cost a lot of
people, meaning Elon Musk sacrifices a lot of people for the profit he wants. I agree this happened because we all over-trusted Elon Musk
and gave him space in the crypto world. Now it's time to stop giving him room, we better ignore whatever Elon Musk is doing,
it's the best thing we can do right now.

[bitterguy28]

I find your suggestion very old considering that Elon has lost the public trust and has been caught in the lust for profit rather than the desire to develop and improve life on the planet

And besides what is the sense for creating a Burning wallet? Elon will only take this advantage to Bag more and more Bitcoin.

The man is nothing but irresponsible human that only protect his interest and never to others.

I guess that OP has no Bitcoin at all..

[peter0425]

Elon musk is playing with the crypto investors' emotion and as per the recent Crypto Market crash, I make him responsible because of his greedy tweets.

You have tons of Issue against Elon Musk.

This is the reason I did not trust cryptocurrency.

So why the hell you are not trusting Cryptocurrency? if you don't trust crypto Why you are still here?

Get Out and find your own world not here in crypto world.

[decodx]

This is the reason I did not trust cryptocurrency.

What a funny thing to hear from a low-level bounty hunter. 
What is the point in hunting every possible shitcoin you come across if you do not trust cryptocurrencies?

[pedrillo0]

In my humble opinion, no one will want to burn, but if there are lost wallets.

And nobody has access to them, why? Many holders did not believe in bitcoin, many lost their passwords to their wallet. Many were millionaires but no longer will be.

Between 17% and 23% of total bitcoin will be forgotten forever.

https://www.wsj.com/articles/good-news-you-are-a-bitcoin-millionaire-bad-news-you-forgot-your-password-1513701480?mod=rss_Technology

[mocacinno]

In my humble opinion, no one will want to burn, but if there are lost wallets.
--snip--

I'm defenately not involved in this project, but if i had to take an educated guess, the burn address would not be used to burn coin on the bitcoin chain, but rather to burn coins on OP's "bitcoin eco" chain.

The OP indicated he cloned bitcoin, changed the POW algo to POS and premined >21M coins. He then indicated he'll give btc holders the chance to switch to his chain and afterwards he promises (eventough you'd have to take his word for it) that he'll burn any leftover coin.
So, i assume the burn address will be used to burn leftover "bitcoin eco", since nobody in his right mind would burn btc (worth ~$40k) to get an equivalent amount "btc eco" (worth ~$0 at this point in time).

What the OP is doing is nothing new... Byteball (for example) had a similar distribution method.
On the other hand, if the OP was serious about distributing his "eco" altcoin according to current BTC holdings, he should have forked at a certain blockheight in the future, hence everybody who would have had funds on the original chain before the forkheight, would have also had funds on the "eco" altcoin chain... And by doing this, he would have been able to incentivise POS mining, since not all "eco" coins would have been mined, and there would have been some room left for block rewards. Also, by forking instead of premining, he would have built something that didn't rely on trusting him to burn all his premine, but he would have had a project that was completely verifyable and trustless.

But hey, bitcoin is open source, OP is free to try and experiment if he wants to... On the other hand, his "green" (white) paper contains little to no techical background, and his questions sometimes make me wonder if he has sufficient technical knowledge to pull something like this off.....

[Dispox]

This is the reason I did not trust cryptocurrency.

What a funny thing to hear from a low-level bounty hunter. 
What is the point in hunting every possible shitcoin you come across if you do not trust cryptocurrencies?

Does he have a passionate desire to be cheated? Or does he feel good about working for free? What if that is the only thing that gives him pleasure?

[decodx]

/snip/
So, i assume the burn address will be used to burn leftover "bitcoin eco", since nobody in his right mind would burn btc (worth ~$40k) to get an equivalent amount "btc eco" (worth ~$0 at this point in time).

That's exactly what he expects. In order to "evolve" Bitcoin (BTC) into Bitcoin-ECO, you must first send real Bitcoin to a designated burn address. Sounds tempting, doesn't it? 

Our definitions of Evolved Bitcoin- A Bitcoin that has been sent to an unrecoverable Bitcoin address and can be considered removed from Bitcoin total supply/out of circulation. As this Bitcoin amount becomes unrecoverable and confirmed you are issued Bitcoin Eco- BTCECO at a ratio of 1 to 1.

--

On the other hand, his "green" (white) paper contains little to no techical background, and his questions sometimes make me wonder if he has sufficient technical knowledge to pull something like this off.....

Here is how he envisions Bitcoin-ECO's launch:

/snip/

And, this is the same footage from a wider angle: