[GNUnet-SVN] [taler-exchange] branch master updated: Ponzicoin to the moon!!!

[gnunet]

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burdges pushed a commit to branch master
in repository exchange.

The following commit(s) were added to refs/heads/master by this push:
     new 7bdb386  Ponzicoin to the moon!!!
     new 7c4153d  Merge branch 'master' of ssh://taler.net/exchange
7bdb386 is described below

commit 7bdb386e20e76eef47abf48962a431489ec9531c
Author: Jeffrey Burdges <address@hidden>
AuthorDate: Thu May 18 14:10:39 2017 +0200

    Ponzicoin to the moon!!!
---
 doc/paper/taler.tex        | 4 ++--
 doc/paper/taler_FC2016.txt | 6 +++++-
 2 files changed, 7 insertions(+), 3 deletions(-)

diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex
index 72c9bbe..2f6d45e 100644
--- a/doc/paper/taler.tex
+++ b/doc/paper/taler.tex
@@ -286,8 +286,8 @@ major irredeemable problems inherent in their designs:
     called an AltCoin, and, if successful, reap the benefits of the low
     cost to initially create coins cheaply as the proof-of-work
     difficulty adjusts to the computation power of all
-    miners in the network.  As participants are
-    de facto investors, AltCoins become a form of Ponzi scheme.
+    miners in the network.  As participants are de facto investors,
+    AltCoins can become a form of Ponzi scheme.
     % As a result, dozens of
     % AltCoins have been created, often without any significant changes to the
     % technology.  A large number of AltCoins creates additional overheads for
diff --git a/doc/paper/taler_FC2016.txt b/doc/paper/taler_FC2016.txt
index 743aab0..d84e2ce 100644
--- a/doc/paper/taler_FC2016.txt
+++ b/doc/paper/taler_FC2016.txt
@@ -118,7 +118,11 @@ is less a currency and more an open protocol for creating 
new
 currencies. So what? And why do altcoins become a ponzi scheme? (Noting
 that you do not say that they might become one, rather that they do).
 
-> JEFF: want to add your Ponzi reference here?
+> We have adjusted that langauge, as some like Dogecoin have removed
+> the 21 billion BTC cap to reduce the ponzi-like tendencies.  
+> There remains a large trend towards ponzi schemes in the altcoin
+> world however, amusingly noted by https://ponzico.win/ and 
+> 
https://www.reddit.com/r/Bitcoin/comments/1zzzq0/ponzicoin_operator_steals_money_investors_get/
 
 [2.2] How does Taler avoid Chaum’s patent on his blind signature scheme?
 It seems to be built on it. (Could you use Lucre instead?) (Or is it

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