RE: A message to the crypto community | Bitcoin Private, BTC, ZCL

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A message to the crypto community | Bitcoin Private, BTC, ZCL

in bitcoin •  7 years ago  (edited)

Perhaps I expressed myself poorly; you misunderstood me. I do not oppose being motivated by profits, but I oppose doing harm to a good project. In the specific case of Bitcoin Private, a lot of people are giving Rhett (the lead developer) lots of shit for being honest and casual instead of being silver-tongued for the short-term pump. If you are willing to sacrifice the long-term success of something as important as Bitcoin Private for a small short-term gain, I would say that you do more harm than good to our cause. First do no harm.
     Furthermore, a good product does not necessarily flourish in the free market. Free markets are affected by a number of factors, of which many outweigh the actual utility of the product—especially in a poorly informed market. Free markets are certainly not magical recipes for optimal outcome.

I do not worry about the success of Bitcoin Private, but rather the success of this movement as a whole. The Bitcoin Private situation was merely an example to demonstrate the situation we are in before the first battle has even broken out. This is not a war that will be over any time soon; we must not lose sight of our mission as we go forward (and simultaneously reap the profits of our investments).

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I see, I have misunderstood you. I agree with you completely. I apologize