[rjzzleep]

a lot of them use scrypt, so you can't use asic mining. in my opinion that is the single biggest flaw in bitcoin. I bet a whole bunch of people are laughing their asses off. something we will probably see in the next couple of years

[gst]

One of the main advantages of ASICs is that they prevent botnets from mining your coin. Also, specialized hardware prevents attackers from using general purpose hardware (e.g., by just renting a "few" EC2 instances). Only disadvantage in regard to ASICs is that the ride from GPU mining to ASICs is a little bit bumpy, but Bitcoin mostly already finished that ride.

[oafitupa]

Miners will go where profit is, and Satoshi knew this. Satoshi also predicted ASICs, so none of this is a surprise. You are just repeating the same nonsense as every copycoin holder.

[MWil]

can you explain the disadvantages of allowing asic mining?

[haakon]

Not everybody has ASICs, so it limits the number of people who can compete. In theory, this could create a centralisation effect. In practice, that seems to happen anyway due to mining pools.

[verroq]

You can always use P2Pool (http://whatisp2pool.com). Decentralised mining.