You are viewing a single comment's thread from:

RE: Bitcoin United (BTC-U) offers 3 second Confirmations and Massive Throughput

in #bitcoin7 years ago

Knocking of clones that use the same technology and giving them to different owners - of course that didn't work.

This is a huge technical leap given only to current bitcoin owners. That's two big differences.

Sort:  

Yeah, honestly, these "current owner" airdrops are rediculous...
Most users (and owners) of bitcoin dont actually own there private keys.
So what this airdrop is doing is giving the vast majority of coins to the exchange owners, completly destroying the "fair" distribution model.
So then basically, bitcoin users would then have to buy this token with bitcoins from those who recieved them for free...

I dont see your vision... sorry

It is sad that most people don't own their private keys but that is the future we are going to live in. What do you think banks will be when everything is digital assets.

The airdrop is terrible IMO. Byteball and whatever others have done it is just a mess. What are exchanges going to do?

Vision, you give too much credit.