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RE: Editorial | Vitalek Buterin Has Spoken: Cryptocurrencies Embody Egalitarian Spirit: Avoid ICOs With Volume-based Bonuses

in #bitcoin7 years ago

Nice write up, I love the way you point out that its a libertarian based system and if you can't see that you need to go somewhere else. This is really my first few weeks actually doing more than just look at coin prices. The idea of mining and having a decentralized system of monetary value that the governments can't claim as their own is nice. The way that ethereum is setup is mind blowing. Vitalek can almost be a god in his own right at this point for all the work he has done with this tool. I like the idea of ICOs as well and generally agree that you shouldn't get a discount for being rich. That just irritates the crap out of me, but at the same time if I like the token I'd still buy into it. The point you make about about believing in the vision of the token is paramount to me as well. If something looks useful I'm all for it.

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Belief systems are fascinating and it can run very deep for people in the crypto world.

Thanks for sharing your thoughts!