This will be senseful if before starting this thread vlad doesnt hold any large amount of IXC thus having a large one only means this is some kind of advertisement to push what he holds the most... regardless this is an interesting thread .. one thing .. why would US and other allied adopt a crypto that were scattered and owned by lots of ppl.. isn't it wise to just create another crypto and control it themselves?? Launching a crypto with a large fund backing it even with 80% premine it will still be accepted by people coz of the high value at the starting exchange.. seen it with aurora coins.. when it was at around .0002 BTC something only a few numbers mine it, but when it hits .01 BTC lots of miner pointed their miner on this one.. i din say your view is wrong but you are missing lots of things since you were very focused on promoting the coin you have. just my thought..
Thanks for your honest input.
First, I saw a lot of what I posted here on iXcoin and then, afterwards, I purchased my large position so there is no confirmation bias in my analysis.
I did not buy 633,000 ixCoins and then look for a reason to justify it, it was the other way around. I just happened to start This thread after my position, but you can see posts of mine saying the same thing when I only had less than 1 BTC of iXcoin.
Secondly, a well distributed coin is better than one which is hoarded by just a few for a number of reasons:
A) You don't have the risk of insiders dumping into every rally, thus killing any chance you have at taking the coin much higher.
B) Support and stability comes from less bulk sales which is why iXcoin has been so stable compared to other alts coins. There's simply no big sellers due to the huge distribution.
C) From an economic point of view (government-wise) you would prefer to have 100,000 millionaires rather than a few billionaires and a couple hundred millionaires, which is the case with Bitcoin. This type of effect gives added stability to the coin and also helps to improve the economy via wealth creation (or wealth transfer, depending on how you wanna look at it), which farther drives the value of the coin as people reinvest their money.
Launching a new coin would not be as good because it takes years to test new technology. Just look at the problems they have found with the Bitcoin protocol over the years and that was built by the genius Satoshi. Even Namecoin suddenly died after nearly 3 years of running with no issues.
Also, new coins are often seen as scams and pump and dumps so an older proven coin is a better choice.
Finally, there is no way banks or govts can launch their own coin and have it succeed, nobody would buy it which would mean velocity would be near zero which means the value would be near zero as well. That's because people don't trust banks and govts which exactly why if they're gonna get involved they're gonna choose an already existing coin and hijack it but do it behind the scenes until that coin reaches critical mass.
....enter iXcoin.
This is exactly why iXcoin is so perfect. It's just like Bitcoin without the bad image which seems to only be getting worse for Bitcoin every month. iXcoin has everything Bitcoin has to offer, including time tested [without failure] massive security, but more liquidity and no bad image so if I'm a hedge fund or a govt. iXcoin would be my number one choice.
These are all facts, and not confirmation bias due to my large iXcoin holdings and I saw these things from day one which is why I bought so heavily into IXC. And I have since tried to find a coin which has all of these things to offer and it simply doesn't exist which is why IXC is still the top choice of SmartMoney [and I think they're now already here, investing in iXcoin].