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by EdHominem 3735 days ago
> In fact I've never heard of a coin that was pre-mined in a sneaky way.

Yes you have. People complain about Bitcoin for that. It's a flexible term.

> so this new term "ICO" is Orwellian double speak

If someone just uses the new term, yeah. But if there's an actual algorithmic difference...

> to get people to think differently about dumping their money into a pre-mined alt-coin.

When you buy stock at an IPO you know not all of it is up for sale and that the "value" was set by fiat.

> I will not participate in that charade.

Sorry we're oppressing you. Fight the power.