[whataretensors]

Interesting that you consider the incubator to be less focused on money. They are extremely rich, of course they have better PR.

They are and have been stealing the future from the public and giving it to the 1%(accredited investors).

[nck4222]

I never said the incubator is less focused on money, and I don't believe that. I just think the incubator believes the best way to make money is to be passionate about your work, and that by being benevolent, people produce better quality products that make more money in the long run.

[whataretensors]

Apologies for misrepresenting your words then.

Benevolence is a good idea. I think it can be done through coin distribution.

[faceyspacey]

None of this means they can’t honorably charge $500 for crap coins instead of giving away that work for free.

They can make a fair business out of it where they add a few optional addons and value adds.

Just because we think they are crap and arrogantly feel confident that no non-technical get-rich-minded joe smoe will derive any value (or perhaps "deserves" to) from it doesn’t mean that he/she won’t in fact benefit from it. One man’s trash...

And besides, there are lots of purposes for small independent coins/currencies: reward your kids for doing dishes as someone else pointed out, arcades, company rewards, etc. We may very well end up in a world with infinite currencies that interoperate with each other, thereby giving individual control back of our closest surroundings.

As far as YN’s principles, it’s PR rhetoric. It’s far from representative of the ultimate truth of the intentions and actions of all those involved. In practice, it exploits goodwill to make money for a few. I'm also not all that sure that's a bad thing either.

The devil is always in the details, and as programmers, we must look at them.

Obviously I’m someone who thinks it would be more beneficial if profiting wasn’t demonized. It leads to more disengenuity, which is worse.

There’s nothing wrong with putting your own survival first and desiring to make so much money you never have to worry about it again. The hamster cage is a waste of our lifetimes and very hard to permanently get out of. And if we are so capable to escape, we will surely be able to give back a whole lot. ..you know, like on how airplanes you put on your oxygen mask first before your child’s.

But yes, there’s a flip side: people get obsessed with making money, doing deals, creating things that new jacks would create anyway. It becomes an unhealthy addiction, and the giving back never really happens. I don't think a lot of people see this for what it is as it takes over their lives. Apps and technology become far overvalued.

I think demonizing making money will continue to create the rift that obscures the balanced middle path here. I also think a lot of people who promote how they aren't money-obsessed are obsessed with something else: how good and noble they APPEAR (which I'm not sure is as "real" as BEING good and noble). Likely, it was just too hard for them to get out of the hamster cage (reads: they're lazy), and gave up. Now they work medium energy days for some employer that drives the ship. I know this much: I refuse to spend the majority of my life hustling for survival, or even worse: being someone else's tool waiting for the clock to strike 5pm each day.

The path to me is clear: grind your ass off, get yours, then give back; be conscious and don’t get addicted to anything in your life. The world doesn't need our saving (it's going to continue spinning as an infinitesimal part of a far larger universe); question your intentions, focus on yourself, as they say.