azm1

Yesterday there was created topic questioning the initial amount mined by the founder, so see yourself, its not perfectly clear. https://bitcointalk.org/index.php?topic=175996.0

Same with the reason behind creating this particular crypto-currency. Since the creator is not known to public we can only assume.

Thing is that using common sense will reveal that this patent is restrictive in a bad way since it helps potential attackers to get into system. No matter if it's year 1980 or 2000. When Volvo invited three-point seat belt it was shared with other manufacturers because they were well aware the obvious benefit to all. Same goes eg. with blocking simple passwords.

The point is to dig up something cool in the vast universe of information and actually deliver it. It is nice there are friends and university Professors who knows about this certain technology way deeper but can they _really_ deliver ? Sure, they will teach other kids and those kids will teach others or maybe going to be employed at some tech company. This kind of success is just more potent a visible. It really depends from what angle you look. This guy has financial, educational and social success. From standpoint of the startup culture, I think he's done very well. Anything can be judged only by comparison to something else.

Should not the company hire some kind of professional(s) who will observe both sides(mostly the bank) and provide objective feedback? It seems like they were jumping into unknown territory without any knowledge. I really can't believe all companies go IPO blind like I get impression from the article.

Are you really sure we as western hemisphere do not own nothing to the eastern or more accurately to people who struggle? I'm no historian but I heard something about the wiping out Indians and enslaving African people. Are you really sure you can say that we are independent snowflakes who deserve all things by right and to not actually look where to pay back for our mistakes to improve all Earth life conditions no matter of location and nationhood ?

The thing is we have not solved many problems yet, we just postpone them and trying to argue with improvements on technological layer which is relatively shallow on its own.

Western culture is for example filled with materialism and definitely not pushing us forward. By reducing the needs and learn about struggle of others beyond our family would help to reduce waste and improve life of others. Both sides win.