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Comment by belltownMMC | Hacker News Reader

Very interesting. I got very excited about MemoryCoin Autonomous Corporation. Machine hires humans!

Unfortunately, it's really FreeTrade who hires you. He has more than 9% of all the coins in existence and as a result plays kingmaker when it comes to voting and who is hired. At one point he abused the system, using ~47,000 coins donated to charity to give himself even greater control over elections. To his credit, he stopped once others discovered what he was doing.

... of course as a former Memeorycoin (MMC) officer/candidate, you already know all of this. You're just here hoping to do a little astroturfing.

I thought he had less than 100K MMC. Once all coins are mined he will only have 1% of all coins, if that. Besides he can be outplaced as a CEO via voting. I looked at all coins, and I really like the setup for this one. I don't understand all the drama and politics around the pre-mine however. So while I'm diversified, I decided to dedicate some resources to MMC mining for fun. Am I missing something here? Is this really as big of a concern as you describe it? I've seen FreeTrade reward devs with 5000MMC here and there (that was equivalent to about $2K at the time). I haven't heard of the voting manipulation with the charity money, can you provide more info or links to the data in the block chain? I'd be curious to see that.

You might want to check out the Memory Coin forum at bitsharestalk.org

After pressure from many people, Freetrade finally disclosed his holding in the locked sticky "interview" thread. Check out several of the other threads for more information. There's also a lot of drama.

I thought MMC had a lot of potential, it really is an interesting idea. But based on some of Freetrades actions (the premine, his voting with charity money, the ridiculously biased "investment guide" he's been spamming all over the place, etc.) the whole thing comes across as kind of scammy and dishonest.

Sorry Freetrade, I know you're reading this. Heck, maybe awky is you.

I'm just a miner who likes the premise of MMC a lot. I am definitely not FreeTrade, I find this thought disturbing. In fact I don't fully agree with his direction and may consider running for CEO at some point. But as of now I don't know a better fit (disclosure: I haven't voted for CEO yet, only submitted vote for the CMO guy). If you have better ideas and think you can take this coin in a better direction, I would love to see your nomination for CEO. It sounds like you are like me and liked the idea, so why not fix it, instead of just blame it? Is there a way to address the pre-mine concerns if there is a new CEO in place?

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