This ASIC arms race has gotten out of hand. To give Bitcoin back to the majority of Bitcoiners I hereby propose to change the hashing algorithm to Scrpyt-Jane.
PS, yes I'm serious.
already done
cough litecoin cough
litecoin is for the noobs wanting the sandbox of crypto currency to dip their feet into, learn the ropes, get into business, make some money and then decide if they want to get into the big business of bitcoin, or develop the litecoin further. much like growing up in africa, starting with new economy. do you stay and develop a new economy. or get on a plane and move to the developed world. your free to decide
also to add, thinking that mining is the only way to make money is very narrow minded and shows you have no clue what economy is.
think about todays real bricks and mortar world.
are your family getting an income from minting bank notes or being gold diggers.. no. the creation of the currency should be less then 1% of the total ways to make money.
think about retail, domestic services, fast food, manufacturing.. bitcoin has opened up a new economy just like opening a fresh new country. mining is not the only job vacancy listing.. open your mind. find a niche and become a bitcoin millionaire.
imagine it like this. looking at the fiat market and wishing you could go back 100 years and be right at the start of the "big boys" of business.. well here is your chance
