I don't really understand this arguement, technological development is happening here.
Pac-man, which came out in 1980, demonstrated more innovation than the vast majority of what I see going on in the altcoin world these days. Hell, Ms Pac-man was more innovative than most of this nonsense.
I'm no young whippersnapper by any means. Don't try to sell me on what technological innovation is. I've seen some awesome shit come out since I was born in 1968. And if you think this altcoin "innovation" would impress someone like me who has been around a while, it's just not going to fly.
The technological development that is occurring is half-assed, pie-in-the-sky bullshit (perhaps not IOHK's work) that any high IQ senior professional software developer would know isn't going to work and thus wouldn't work on. Thus only the hucksters (and dreamers? do Vitalik and Tual really believe in their fantasies?) are willing to promulgate the delusions of the altcoins. But the market wants it. Who am I to tell the market what it shouldn't buy.
One can argue that those guys are brilliant and efficient marketers. Reality sucks. But reality is reality. For me, the key is how to employ their methods, but accomplish something truly great and revolutionary that benefits us not only in terms of speculation but also in terms of real advancement of CC so that we have a better world to live in. That is my goal. I will not inhibit myself from using efficient marketing in order to reach my goal. This is altcoinUK's myopia. He doesn't understand that words are useless and we need to get what we need by any means possible.
Even Blockstream is now taking Bitcoin into the half-assed Rube Goldberg direction (SegWit, Sidechains, and LN are all flawed if decentralization is required), but they really don't have much leeway because of Satoshi's Model T design.
But there are some ideas in each development that are perhaps worthy. I have borrowed for example some concepts from Iota, even though I have explained that (afaics) the DAG can't be a decentralized consensus algorithm. So you can't say that it has all been worthless, neither from a marketing development nor technological concepts development perspective.
Nature meanders on the path of annealing optimum fittness. The noise is necessary in order to not get stuck in a local minima. Study simulated annealing algorithms over N dimensional spaces.
I am not going to criticize the projects of others. I think the speculators have to wise up or lose their lunch money. That is life. After all, even you are playing the speculation musical chairs game. The market is what it is. If I deny reality, I am diminishing my opportunities to succeed. The BS about "if I can't do it the 'right way' then I don't want to do it", doesn't make sense to me. I played competitive team sports. You do what you need to do to win, within the confines of the rules. There are no rules in this market. For me, losing is failure, even losing by refusing to win by any means. Thus for me, altcoinUK's dogma is failure. He is not a Michael Jordan.
P.S. I am 3 years older than you and I began coding at age 13. Perhaps if you are a coder, you can relate how difficult it is to code at your age as you did at a younger age, because energy levels, interests, and focus changes. But I am pretty much hyper motivated by this time with all the water under the bridge the past 3 years. And besides, I am an extremely type A, overachiever any way. And even for example, still striving to be competitive in sports with guys 3 decades younger. But still, it isn't easy trying to recover from an "incurable" chronic illness, trying to work 14 hours a day coding, and trying to train hard. I am having difficulty fitting it all in and dealing with the fact that my body gets extremely exhausted and needs sleep.
This is not easy Spoetnik! You try to do it!
However, I refuse to shill this shit, anymore, in a pathetic attempt to escape my poor judgement in this case.
