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January 18, 2015, 04:02:42 AM |
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@BitcoinNational
The PoS kicks in at 400,000, which is a relief. I've got a job which means working abroad a lot, and I'm not about to attempt to bullshit my way anywhere.
At 400k, I can start to plot a coherent strategy. I've a couple of experienced people helping, and none of us are in it for the money. The challenge is to make something happen over X years, to make coins that can be used. Ideally, it will be token-like. We see no point in attempting to make something that attempts to compete with dollars. It will fail. About 100+ coins will fail over the coming 12 months. There is a paradigm shift happening.
What we have going for us is non-desperation. I earn reasonable money anyway, so have no need to make these spunk their load on Bittrex.
Next stage is to define what can be done. At the moment it is about taking them to 400k and evaluating from that point the best way forward. It means testing what will work, what is a waste of time.
They can't fail (unless i suddenly die) because there is no interest in anything but evaluating what can be achieved at points in time.
I don't think there are any other coins out there that are not trying to make a quick dollar or attempting the impossible. I predict gloomy futures for virtually every "big" coin. A small handful will make it,though (I think).
We'll find what is possible, and implement it, and it will involve trial and error and some years to get it right.
One thing I am not about to do is make the coin count high. But updating them technically is on the agenda. For the time being don't expect a great deal. But expect them both to be here in 1, 2, 3, 4, 5, years.
In this sense, I think BDSM and Fetish are truly unique. They are projects, and the challenge is making currencies that endure, not currencies that make a handful of people a lot of money before they end up withering away. I can do that with another project if I want. I like these too much to waste their potential.
It's interesting for me and for the guys that are helping out.
The only regret I have is allowing myself to be influenced for a short time by people motivated by greed. But the agenda is back on track.
Thanks again or your interest, it is appreciated, and the advice you give is intelligent.
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