Quote:
Originally Posted by edgeprod
1) Supported natively and out of the box on sites that matter.
2) No need for a processor like BitPay, which can (and has, apparently) exclude adult transactions.
3) Has a champion inside of the industry to push good-for-porn and good-for-wankcoin agendas.
I'd argue that the majority of currencies currently on the market are similar. While the technical innovation hasn't been in the currency code (which other coins have obviously done to great success), the native acceptance is a big advantage, and a "soft" contribution on the part of the creators. Skin in the game, in a sense. Dave is accepting signups with it -- if the currency tanks, his signups are worth zero along with any investors or miners.
1) Pre-mining isn't the taboo it once was. Granted, I think it was ill-advised for the short-term viability of the currency, but I'd argue that the financial reward for working hard on a currency is better paid intrinsically in the currency itself; without this benefit, why put in the work?
2) The infrastructure for existing coins is exactly why a porn-industry-controlled coin was needed. On a whim, any of the providers could decide to not accept payments for adult, and anyone without the software to interact with the blockchain would be out in the cold, overnight. Here, it's possible to control the currency, the feature sets, the wallet, and the acceptance end-to-end.
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I'm sorry man, but I'm guessing you have a significant stake in this coin.
None of the reasons you gave above held any weight or make much sense. You might have some luck convincing the very inexperienced, but anybody who's been around a bit will read that post and have a chuckle.
"2) The infrastructure for existing coins is exactly why a porn-industry-controlled coin was needed. On a whim, any of the providers could decide to not accept payments for adult, and anyone without the software to interact with the blockchain would be out in the cold, overnight."
Umm yeah.. Either you have a fundamental misunderstanding of what Bitcoin is, or are just pretending not to understand. The attractive thing about Bitcoin is the way it's not controlled by anybody. You don't need to depend on 'providers' if you don't want to.
Having a "porn-industry-controlled coin" sounds like a massive waste of time, the only beneficiary is going to be the early insiders who dump their worthless coins to investors who don't understand crypto-currency and think this is anything other than a pump-and-dump.
I'll leave you guys be to do your thing, it's none of my business, but I feel obligated to call out an obvious swindle when I spot one. 99% chance this coin will be "dead" within 24 months max, simply because it makes no damn sense from any other perspective other than a money-maker for the creators via ill-informed investors. To be fair, they'll just lose their money somewhere else if not here.