Hi Zuep.
The PR Firm actually like the Black Shield concept. I myself have reservations but they thought it would provide a warm and fuzzy feeling to a lot of would-be investors.
Like I said, I am not sold on it. I like the idea of a free free market, but at the very same time the maniulation tactics used by large groups is unsettling. Should thedoge fight fire with fire so to speak? I don't know... I think at the very least it will be an interesting experiment.
The existence of something like Black Shield is totally consistent with the idea of a free market, in fact it is the fact that we have a free market that allows us as individuals to decide to put our collective resources to use in a particular way free from any interference.
I understand how it could come across as anti-free market, as it appears that we are trying to 'correct' the market with Black Shield, however this is not the case. If the whales are free to alter the price to add volatility then we are just as free to reduce that volatility. In the end the market will decide what happens to Blackcoin and that is how free markets should work.
Now, not to call out a troll on the hyperbole, but worst idea ever? Seems legit.
That being said, I think blackshield is yet another attempt at innovation, and therefore I applaud it. Where would this country be if the visionaries listened to the small minded - no where. There is no shame it trying something and having it fail. There is shame in not trying something because you are afraid that you might fail.
Blackshield attemps to make it riskier for whales to manipulate the market with artificial buy and sell walls. Is the solution perfect, no. Will it eventually help redistribute the coins from the whales to more blackcoin supporters - I think so. What if it doesnt? come up with a better idea. If you cant come up with a better one, dont criticize something you cant or are unwilling to do better.
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