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I think you may be missing what Gridcoin is doing. It is not going to the scientists themselves, but the people using their computers to help scientists. As wel

I think you may be missing what Gridcoin is doing. It is not going to the scientists themselves, but the people using their computers to help scientists. As well, I believe many of the projects Gridcoin rewards are grant funded (separate from Gridcoin) Note: I have around 5000 Gridcoin, so I may be biased in my view of the coin :)

Ozzie_osman 6y ago
> Note: I have around 5000 Gridcoin, so I may be biased in my view of the coin :) This is one issue with crypto. It's hard to tell whether people hyping it own it because you believe in it or whether you believe in it because you own it.
- desmond373 6y ago
  I think the best solution is to not take anothers word for for its worth. Have a look at the system itself and tackle the issue of whether it benefits society/yourself/Group You Like, or not. I also mine Gridcoin. I don't know how much I have ATM, but I like that even when I'm away living my life, in some small part I'm helping a scientist find something new. The reward is just there to help with on boarding in my mind. If the coin ever jumped in price and a few miners see it as an investment, well hey its better than mining bitcoin and producing less useful data.
- ant6n 6y ago
  Another problem is whether you believe you own anything that exists, or whether you just participate in some shared belief in its existence.
- roboticmind 6y ago
  I agree with the other commenters that the best way to get an idea of it is to look at it yourself. It's hard to trust people in general, so that's why I left it in for more transparency. I think that's an issue that goes to more than just crypto too unfortunately. I'd agree that it's worse in the crypto world in general, however. If you want some degree of evidence that I believe in the coin, you can take a look at some of the work I've done[1][2]. None of this can tell you anything with high confidence unfortunately with out any real knowledge of each other, so the best solution is not to take my complete word on everything. Most of the work I've done is on the site and wiki system (208 commits)[1], and I've done a little bit on the wallet itself (19 commits)[2], but my C++ abilities aren't the best, so not as much as the site. Lastly, 5000 Gridcoin is really not a lot in comparison to most of the network, but still of course raises potential conflicts of interests. I know that it's still hard to trust anyone on this because there's a lot of shill type people in the crypto world unfortunately, so it's best to look at the system itself [1] https://github.com/gridcoin-community/Gridcoin-Site/graphs/contributors https://github.com/gridcoin-community/Gridcoin-Site/graphs/c... [2] https://github.com/gridcoin-community/Gridcoin-Research/graphs/contributors https://github.com/gridcoin-community/Gridcoin-Research/grap...
- scotty79 6y ago
  > It's hard to tell whether people hyping it own it because you believe in it or whether you believe in it because you own it. Why does it matter? It shouldn't if you look at their arguments.
- freewilly1040 6y ago
  It’s usually not that hard to tell.

Ozzie_osman 6y ago

> Note: I have around 5000 Gridcoin, so I may be biased in my view of the coin :) This is one issue with crypto. It's hard to tell whether people hyping it own it because you believe in it or whether you believe in it because you own it.

desmond373 6y ago
I think the best solution is to not take anothers word for for its worth. Have a look at the system itself and tackle the issue of whether it benefits society/yourself/Group You Like, or not. I also mine Gridcoin. I don't know how much I have ATM, but I like that even when I'm away living my life, in some small part I'm helping a scientist find something new. The reward is just there to help with on boarding in my mind. If the coin ever jumped in price and a few miners see it as an investment, well hey its better than mining bitcoin and producing less useful data.
ant6n 6y ago
Another problem is whether you believe you own anything that exists, or whether you just participate in some shared belief in its existence.
roboticmind 6y ago
I agree with the other commenters that the best way to get an idea of it is to look at it yourself. It's hard to trust people in general, so that's why I left it in for more transparency. I think that's an issue that goes to more than just crypto too unfortunately. I'd agree that it's worse in the crypto world in general, however. If you want some degree of evidence that I believe in the coin, you can take a look at some of the work I've done[1][2]. None of this can tell you anything with high confidence unfortunately with out any real knowledge of each other, so the best solution is not to take my complete word on everything. Most of the work I've done is on the site and wiki system (208 commits)[1], and I've done a little bit on the wallet itself (19 commits)[2], but my C++ abilities aren't the best, so not as much as the site. Lastly, 5000 Gridcoin is really not a lot in comparison to most of the network, but still of course raises potential conflicts of interests. I know that it's still hard to trust anyone on this because there's a lot of shill type people in the crypto world unfortunately, so it's best to look at the system itself [1] https://github.com/gridcoin-community/Gridcoin-Site/graphs/contributors https://github.com/gridcoin-community/Gridcoin-Site/graphs/c... [2] https://github.com/gridcoin-community/Gridcoin-Research/graphs/contributors https://github.com/gridcoin-community/Gridcoin-Research/grap...
scotty79 6y ago
> It's hard to tell whether people hyping it own it because you believe in it or whether you believe in it because you own it. Why does it matter? It shouldn't if you look at their arguments.
freewilly1040 6y ago
It’s usually not that hard to tell.