Why are people yelling and screaming SCAM coin and PRe-mine
People yell scam coin because we're immersed in a early 20s something bro culture. Instead of actually contributing to useful projects, it's just easier to be against something with cool Internet coin speak. Listen to some of the real players involved in Bitcoin, they are doing a great job hiding this culture from the general public.
Let's do an experiment. For the Litecoin community, I want you to think about this one for a minute. Your CEO at work (if you are the CEO, congrats) is interested in purchasing Litecoin. You've had a chance to talk to him/her about it in passing and now they are looking at a serious investment. Great, let me ask you these 2 questions:
1. Are you comfortable sending them to alt currencies to do additional research?
2. Would you send them to the biggest Litecoin volume site BTC-e (trollbox and all) to make the purchase
You know exactly why some of you wouldn't even consider it. So much talent is wasted trying to one-up each other on these boards. Maybe that's the culture, maybe it's why we're not further along.
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