Thermal dynamics if mining rewards??... haaaa... too complicated for Mr. CEO to explain??
Man, you really have some bias since you got booted from HT. Do you honestly think that CEOs should know the inner workings of the code of their products? Do you know who Michael Abrash and John Carmack are? You think their bosses have any idea of the formulas they use to get things done?
I'm not sold on this coin yet. I have no choice but to mine the hashpoints and see what happens. Zen Pool pays nothing now. As someone posted elsewhere, even if Hash Coin debuts at $1 per, it's still more profit than mining the Zen Pool.
Oddly enough, the answer to the thermodynamics question was a good one. If they had simply stated that in the damn "whitepaper" they wouldn't have come across as so stupid. It's also a nice addition to the coin. No more halvings in the traditional sense.
Well, without getting in to the details too much, I actually liked and supported Josh in the beginning and put some of my crypto sludge fund investment $ in excess of $10K where I thought it could help benefit his business (at least on a small scale compared to some of the "whales"). When I first researched Josh, he reminded me of myself 18 years ago when I first started out in the wireless industry before transitioning over to the crypto smart-chip card arena in Asia and Germany among others. However, as time (90 days or so) went on and things didn't seem to add-up anymore I started to have questions. When these questions where either ignored, not answered completely, deferred to others, or simply censored, I lost faith in the business and how Josh was handling things. The repeated changes to the TOS without disclosure, broken commitments, weekly business "rule" changes, and finally me being banned for no ethical or professional reason when I have given Josh legitimate business advice both publically and privately was the final straw. I sold everything and here I am.
Regardless of all this, I do not personally know Josh other than our emails and 1 or 2 video chats with him and others. As a person who appears to be married with children, I do not wish any ill on him or his family. However, on a professional level, the more I learn about his actions since entering the crypto scene in January/February, the more disheartened I become. He is handling other peoples' money in a dangerous manner and not living up to the ethical standards this industry desperately requires to continue its progression in to mainstream adoption.
Of course the CEO and all other stakeholders of a technology based business must know what they are selling inside and out. Properly delegating any aspect of the business requires the complete understanding and the ability to know who fits each role properly. THAT is what insures efficiency and success; even in a small business environment. Before starting my first technology company, I was a tech geek by trade and having the eventual ability to project and explain what I was selling to both engineers and less techie marketing professionals at the same time was the key to my success. Dig deep enough in to other tech industry biographies and you will likely find many similar stories that follow the same progression. It's not rocket science, but does require come common sense and experience that goes beyond what can be learned in business school alone.
Scott-
Scott, I remember you well from the old forum and enjoyed your posts. Sadly, the new Hash Talk is full of a bunch of people I don't even know anymore. The forum lost a lot of good people and in some cases, for bad reasons.
I also applaud what you're doing. Having an entity look out for miners/investors is a great thing! With that power also comes responsibility. In my opinion, you need to let go of any bias you have and represent the facts at hand here. Seeing you compare Josh to Moolah completely discredits anything on your site. I was a moolah supporter, so yeah, I was wrong there, but comparing Alex/Ryan to a CEO with a documented past is a night and day comparison. The very fact that you had video chats with Josh puts him in a whole different arena than Moolah.
I'm not going to tell you how to run your site, but is an alleged SEC "complaint" reason enough to remove GAW from your list? Could I not make a complaint tomorrow out of spite? I see you listed a reference to said complaint, but no way to look it up. Take ANY multi-million dollar company and you will find "complaints" galore. BBB, Personal Blogs, legitimate regulators, etc. Complaints mean nothing in and of itself. It goes back to the power you have running this site. You owe it to your users to represent things fairly.
That said, why isn't LTC Gear in your list? I'm trying to find more legit info on them.
I'll just end this post with I likely share a lot of the questions you had and are having with GAW. I've been vocal about them on their site as well, but I frame them, for the most part, respectfully. I crave more cut and dry answers instead of the vague ones I see most often. But gut feelings aren't fact.
Anyway, good luck on your site, if done properly, it's a great asset for us little guys. Can you tell me where you've got your money at now in cryptos? Feel free to PM if you don't want to disclose for whatever reason. I'm always looking to diversify into trusted companies.
