Scam? Can you elaborate? It seems they are attempting to build a network of potential users, drop coins to those and hope it's going to work out as a viable payment network.
where did the capital came from for building the factory for producing something?
Ed (and other commie lunatics), do you own a #business or do you work for someone? (or do are you a trust-fund baby like most famous #communist usually are)
Communism is better system, its because you are brainwashed also you can't see this true reality
LOL, this is your argument? This is bull shit. I read your desperate explanations and I can confirm, you have no idea wtf you are talking about - #capitalism nor #communism.
Take business with 10000 workers, in such business owner doesn't even work in it. Any share holder doesn't work in it, yet they get profits... why? This is what PoS system is based on.
"business with 10000 workers..." Where did this business come from?
Communism is economic system in which means of production is owned by the workers themselves, not the state (which is State Capitalism) or some individual (which is what Capitalism is)
where did the capital came from for building the factory for producing something?
...unless those workers have some middle man also that will take a cut of their earnings (which is what managers do etc). The process of mining is still done by miner himself.
It also seems, you have no idea what's the point of different roles are in a business and how businesses operate. Again, this is the core reason, why idiots think communism is good.