I wrote the following message for Ms. O'Toole, http://maryellenotoole.com

Dear Ms. O'Toole,

you might be aware of the movement of decentralized currencies, such as Bitcoin. Decentralized securized currencies are theoretically superior to fiat currencies, such as US dollars, and their professed goal is to repair the financial system. This is in a sharp contrast with the actual personalities of the people attracted to this world of casino-like opportunities. The threat is that instead of achieving a better financial system, we will make a step towards a world where morally deranged people wield even more power than they do today.

In this situation, we are trying to have at least one decentralized currency that is healthy â€“ Feathercoin. Feathercoin was launched by Pether Bushnell, Brasenose College, Oxford after Bitcoin and Litecoin. Sadly, we are facing hostile actions from deranged persons both inside and outside our community.

Bitcoin is a currency centered around the community of information scientists and "revolutionaries". This community is hard to access and has already shown some shortcomings (eg. Bitcoin Foundation controversy). Feathercoin community is much more accessible. It is my belief that mathematical security of the decentralized currencies is only a technical tool, and it is the conscience of the people who use it that decides if the result will be good or bad.

Feathercoin community is large compared to most decentralized currencies, but small compared to what it could be. We are trying to match the high concentration of morally deranged people by calling upon members of forensic circles to be the first to join our ranks. This is an invitation for you to join Feathercoin community. I have prepared a small donation of 1000 Feathercoins for demonstration purposes (their value is very low today).

I hope you will not refuse this invitation and after you examine the situation, tell us your opinion whether this social movement can be salvaged from morally deranged people at all.

The website of Feathercoin is http://www.feathercoin.com. Apart from online "community", there are regular offline meetups in Oxford. If you join us, we can help you with technical issues (software installation etc.)

(signature omitted)