Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 467. (Read 1356149 times)

PoS is like gravity though it really is a weak force that encourages centralization by rewarding people for hoarding coins.

Correct, nowhere, seriously NO WHERE, in any technical literature about POS does it say, "OK, now, a really big and greedy exchange should keep lots and lots of these coins in a hot wallet and have an SQL injection vulnerability coded into their site"

Well Patrick Charlie Lee can be your god but he is VERY wrong this time around. And by being wrong in "his opinion" he is perpetuating not just the biggest flaw in cryptos but defending that the ostracism from the real world will continue. He lives, by his choosing and his opinions, in the bubble of the underworld or nerds who code, watch massive porn amounts, masturbate frequently and are high or doped most of the time. Yes I know a lot in the crypto community adhere to this short of lifestyle and it won't be me criticizing it -or any other lifestyle chosen by adults-, but the fact of the matter is that in that bubble no people from the outside has either a place nor a minimal interest in joining. It's the people that in the name of some form of self-laws and self-government (all of it BULLSHIT, by the way), not only justify thievery and fraud but promote it and even brag about it. It used to be stealing intellectual property and now it has escalated to stealing plain old fashioned money. And that has to stop, by a minimal progression through some semblance of ethics or, most likely, by real law. And regulation.

Meanwhile he dares to call you selfish because you refused to immolate yourself and your partners, forever, while allowing a thief to profit maybe in the millions of dollars at the expense of investors. That's some peculiar sense of "humor" right there. Why not asking directly for you and your partners to commit suicide because you have made a decision that, HOPEFULLY, will forever change crypto and convert it into something with a real practical use for an economy many times bigger than the nerdy coders now crippling it. Where is Litecoin, by the way, going? All the way to Palookaville, I'd say. Where's VRC? We don't know. But if Mr Boricuaman and his Black Hand don't put it out of business -and it is up to you to not allow that to happen, to a certain extent at least-, it is breaking off, or could be breaking off the pack towards a sensible, close to the real people mainstream assimilation.

So sorry but Mr. Charlie Lee is, to me, one asshole more perpetuating crime in crypto and hindering his progress. Yes, you acted selfishly in the way that it was preserving the coin you created that some asshole had marked for death because of the amazing negligence of MintPal. But you decision also saved the hard earned money of over 600 investors/traders. A whole community that believes in you and your partners and avoided another terrible blow to the perception of digital currencies by the mainstream. You didn't have much choice beyond self-immolation but what that selfish decision has and will accomplish, is nothin g short of remarkable.

Let's just say that from now on, just like it did when you gay put your real names out there, there's a before and after in crypto. Hopefully this will separate the assholes and criminal from the progressive ones that will take crypto currencies forward to reach the goals that the technology allows and NOT the political agendas of pathetic rejects and assorted criminals.

What you and many others fail to understand, (or more believably use as excuse to FUD) is the fact that not rolling back would exactly lead to the situation in where protocol would be exploited.

Therefore same situation.

Eth.

Please don't attack Charlie Lee (coblee). He owns VeriCoin and is family. His criticism is justified.