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RE: Future of DECENTRALIZED Currency Is Not Bitcoin

in #blockchain8 years ago

I think you're on the wrong path. Crab mentality does perfectly describing the communism behaviour and I guess you'll fail on the political part. Maybe decentralisation need a communism approach but you'll have to fight the second law of thermodynamics and put constant energy to stop increasing it's entropy. If you want to succeed then you have to decouple the ledgers incentives from currency business. Something like: all participants in an economic system having a incentive to put a certain amount of energy gained from their own business to support a communism currency system. Without the decentralised character of this currency their business will fall. This kind of system is very weak. You're are fighting with Heisenberg uncertain principle and implicit with second law of thermodynamics. Look at the nature of reality, where do you see decentralisation in nature and ask you why you don't ? You're trying to violate first principle.

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My whitepaper will refute you.