Should we be suppressing "unworthy" digital currencies?

Started by Stan, October 10, 2016, 06:20:09 PM

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Stan

Quote from: crypto123 on October 12, 2016, 11:35:02 PM
Does suppressing currencies make BTS less decentralized?

Not sure what you mean...

The article my post was responding to was worried that the proliferation of currencies would confuse the public and that efforts should be made to discourage people from introducing new coins.

My article explains why I don't think that is necessary, desirable, or possible.
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

R

Does suppressing currencies make BTS less decentralized?

Stan

Quote from: xeroc on October 10, 2016, 06:33:42 PM
Very good post ..
Greed is harmful .. mostly because it slows you down and offers nothing than frustration ... If you find yourself in greed .. either ignore it, or try to "fix" it ..

greed
/ɡriːd/
noun
1.  excessive consumption of or desire for food; gluttony
2.  excessive desire, as for wealth or power


Now we must quibble about how much is "excessive".

Suppose your goal is to build a company big enough to colonize Mars.
How much should it be allowed to earn before it becomes "greedy"?

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

xeroc

Very good post ..
Greed is harmful .. mostly because it slows you down and offers nothing than frustration ... If you find yourself in greed .. either ignore it, or try to "fix" it ..

Stan

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.