I only ever took issue with the technicalities of the coin, the maths, but you lot lumped me in with racists and bigots because you didn't like my questions.
Well hopefully this is a place where real dialouge regarding such things can continue.
Ok, can someone explain to me how a few thousand, technically and financially impoverished native americans are going to support or kick-start such a high price for the coin?
Don't give me that national currency stuff, because it isn't true, Lakota is in the USA and subject to federal rule.
Why won't they immediately dump? Surely their only interest is in cash?
If this is a long term coin with a purpose, doesn't all the cries for a pump destroy it's credibility?
Here are at least some of the many things said in response to those criticisms in the highly cyclical old thread.
- all altcoin values are based on speculation, not an actual economy that exists yet - including bitcoin. . . .$220 million on their casino per year. . . other tribes are also being approached . .If people stop selling, but demand is still there, a price can skyrocket from very little investment. . . .
- Treaties say otherwise, but yes they're subject to federal rule if federal rule says so - like any occupier. That could get ugly and has before. . . Same problem as with bitcoin throughout the world.
- Absolutely they might. Same situation with Aurora: market cap hundreds of millions. . . .Big difference here, if they dump, some people who needed money get it instead of a random selection of Icelanders some of which are very well off.
- Agree here completely. All the pump and dump talk isn't conducive with the intended purpose of this coin.
I'll also add:
Censoring etiquette and ideas/information are not the same thing. No one wants to hear the same opinion over and over. Once is awesome, but the same opinion over and over is tedious- positive or negative.
