Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: NILIcoin on January 25, 2016, 03:44:18 PM



Title: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 25, 2016, 03:44:18 PM
GoogleCoin
The coins are an artistic representation of the company's future coins, however they are real tradable crypto-currency*
[GOGL] Interest Free Credit Coin
The Interest Free Credit Coin model is my intellectual property

GoogleCoin [GOGL] will be issued and activated over a private Blockchain in the event of a near
 Global-Banks-Failure.

Coin Value: will be set to the Dollar value at the day of issuance and will be allowed to fluctuate

Number Of Coins: First issue cycle - The estimated Dollar value of Google holdings x 2 (on the day of issuing)

Issue Policy: New coins may be issued Each quarter based on last quarter growth of total productions of all users x 2  ( "GDP" of GOGL users x 2 )

Coin's Reserve Policy: 1/2 of total coins will be held by the issuer (Google) to allow full control on monetary policy with existing funds.

Distribution Policy: Coins will enter the market as an interest free credit, as direct payment for services and labor and directly into the market according to stated volatility target

Volatility Target: +0.01. Google coin management authorities will control the market's volatility to the stated target' using its currency reserves as well as product's pricing.    

Credit Guidelines: 1. Credit is interest free. 2. The indexed value at the day of credit issue will be calculated for returns. 3. Borrowers will be issued a credit identity by Google before being eligible for credit.  

Credit Identity: A credit identity will be established and initially rated according to the strength of identity (cross social networks profiles, location photos ext).

Credit Rating: Each identity score will be established as a profile based on an internet activity data and will develop by accumulating debt payments history


We will create a fresh flow of credit detached from fiat based debts.
Our currency will be backed by the value of Google market activity.
We aim to restore trust in a monetary system based on the blockchain technology and a competitive market of credit providers.  







*The coins are art coins made as art
 :)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: CryptoMaik on January 25, 2016, 03:56:38 PM
Good luck. Keep your indentity very secret.

the lawyers from google kill you


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: SIX3P0 on January 25, 2016, 04:00:39 PM
I wouln't touch this with a 20 foot pole, your just asking for trouble trying to put out the assumption that you are a part of google


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: Rols on January 25, 2016, 04:01:58 PM
Riding the wave of google will not make this a coin. Its a fail before it even is launched.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: qwep on January 25, 2016, 04:02:33 PM
Huge copyright and trademark fails using the google name for this coin.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: notsofast on January 25, 2016, 04:03:02 PM
NILI, you are a pretty good troll as far as crypto is concerned.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: pinoycash on January 25, 2016, 04:04:17 PM
Goodluck with this coin, people are lacking of imagination and think of a unique name for their coins.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: grahvity on January 25, 2016, 04:16:47 PM
I invited @google.  ;D

https://twitter.com/grahvity/status/691655575822729216


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: yeswepump on January 25, 2016, 04:24:31 PM
LOL this is a nice and easy legal action :-)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: wosch76 on January 25, 2016, 04:24:59 PM
I invited @google.  ;D

https://twitter.com/grahvity/status/691655575822729216
this could be funny but you should invite some more to join the party ::) ;D
like Coca-Cola
https://bitcointalk.org/index.php?topic=798131.0
Disney
https://bitcointalk.org/index.php?topic=802673.0
and the Bank of America
https://bitcointalk.org/index.php?topic=1187331.0

I really don't get, what NILI intends to achieve with this kind of "projects"???


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 25, 2016, 04:31:48 PM
I invited @google.  ;D

https://twitter.com/grahvity/status/691655575822729216
this could be funny but you should invite some more to join the party ::) ;D
like Coca-Cola
https://bitcointalk.org/index.php?topic=798131.0
Disney
https://bitcointalk.org/index.php?topic=802673.0
and the Bank of America
https://bitcointalk.org/index.php?topic=1187331.0

I really don't get, what NILI intends to achieve with this kind of "projects"???

https://scontent-frt3-1.xx.fbcdn.net/hphotos-xpf1/v/t1.0-9/12645222_915013171942669_4872486252618869825_n.jpg?oh=fb332b5b8512fbab89ef821a870a4ac2&oe=573022BC


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 25, 2016, 04:36:24 PM
NILI, you are a pretty good troll as far as crypto is concerned.

I do my best to teach you guys something,. Im sure that eventually you will all get it


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: jaipagare on January 25, 2016, 06:47:11 PM
Watch out of your door. You'll soon see uninvited police as a guest to take you to big house for free. Think of something else dude. Google will chew you and won't spit either.

You are putting GOOGLE brand at a stake..

You still have time.. stop your circus and think something else.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: CryptoWitch on January 25, 2016, 06:56:31 PM
Watch out of your door. You'll soon see uninvited police as guest to take you to big house for free. Think of something else dude. Google will chew you and won't spit either.

You are putting GOOGLE brand at a stake..

You still have time.. stop your circus and think something else.


It is really bad if a dev cannot even come up with his own logo or name!!!


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: AliceWonderMiscreations on January 25, 2016, 07:00:30 PM
Watch out of your door. You'll soon see uninvited police as guest to take you to big house for free. Think of something else dude. Google will chew you and won't spit either.

You are putting GOOGLE brand at a stake..

You still have time.. stop your circus and think something else.


It is really bad if a dev cannot even come up with his own logo or name!!!

I'm assuming this is a joke.

Kind of like filing for a patent on the wheel (which have oddly sometimes initially been granted when worded with flowery speech)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: Godson_Mansa on January 25, 2016, 08:59:09 PM
I'm pretty sure by now you all should've realized this is a JOKE!!!


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: zoneout on January 25, 2016, 09:25:52 PM
Not sure if should follow... ;D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: FarSider on January 25, 2016, 09:41:53 PM
RIP. This coin is doomed to fail. Lazy attempt to grab interest.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: Nthused on January 25, 2016, 10:04:38 PM
Google might buy it like they bought abcdefghijklmnopqrstuvwxyz.com :D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: CryptocurrencyNetwork on January 26, 2016, 12:32:18 AM
Here are some logos for you:

http://media-cache-ak0.pinimg.com/736x/17/1b/60/171b604c8c64d1eedac6a25332ded29a.jpg


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: Depredation on January 26, 2016, 12:35:24 AM
lmao  ;D ;D
Will this coin include a search engine in the wallet too?


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: dez82 on January 26, 2016, 01:02:22 AM
It already exists ;-)

https://github.com/agrinio/googlecoin (https://github.com/agrinio/googlecoin)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: d-trix on January 26, 2016, 01:13:19 AM
Let's see which exchanges courageous enough to list this coin and not afraid of class action lawsuit.   ;D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: BSdetector on January 26, 2016, 02:25:02 AM
ass tripe &)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: BITDV on January 26, 2016, 02:42:33 AM
Let's see which exchanges courageous enough to list this coin and not afraid of class action lawsuit.   ;D

LOL not a shit show in HELL!! call me Billy Hunt , Not Silly C%#@


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: qwep on January 26, 2016, 03:44:21 AM

lol, this coin has it all.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: CryptoMaik on January 26, 2016, 09:17:50 AM
Ask mr. Page of he support your (his google) coin? ;D
Maybay they setup some nodes online on their green server park.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 09:45:44 AM
I'm pretty sure by now you all should've realized this is a JOKE!!!


This is not a joke!

This coin is a representation of a possible Google coin but once it will be released to the market it will be traded as is. The coin like any cryptocurrency is as real as bitcoin is, while the value is a matter of the community.

While the community that one day will use a Google backed GoogleCoin is going to be very large and strong, the community that may choose to trade my coins will understand the value behind my coin.

So what is that value you may ask, Well it will very much be determined by the actions Google itself may take. If they do nothing then it will be worth very little at first. If they will try to get it off the air once it is traded (on a p2p basis, unless some exchange will want to take on the challenge  ;D) it may be worth a lot since as art all that we need it the attention to a grate concept .

How grate is the concept,  you may ask yourself. After all she (im a she) just copy&paste a logo. Interesting enough also the value of the concept is depend on the  attention it gets. So again it is all up to Google and you guys here on the thread.

And also the state of our monetary system is really not a joke. try to google their plans for another 2008 (they have noone, other then marshal law)  


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 02:09:46 PM
Good luck. Keep your indentity very secret.

the lawyers from google kill you
most likely I will never hear from them. dont worry they can find me anywhere. nothing to hide.



Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 02:12:32 PM
I invited @google.  ;D

https://twitter.com/grahvity/status/691655575822729216
Thanks, they are very welcome here.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 02:14:13 PM
I wouln't touch this with a 20 foot pole, your just asking for trouble trying to put out the assumption that you are a part of google
I am not a part of Google, I just challenge Google


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 02:21:18 PM
Watch out of your door. You'll soon see uninvited police as a guest to take you to big house for free. Think of something else dude. Google will chew you and won't spit either.

You are putting GOOGLE brand at a stake..

You still have time.. stop your circus and think something else.

This is a very calculated move. ofc I might be wrong with some of my assumptions but so far I was right. (Coca-Cola and Disney are still waiting on the side-line - Never got a C&D letter from them)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 02:25:06 PM
Google might buy it like they bought abcdefghijklmnopqrstuvwxyz.com :D

They will not buy it unless they  understand the value. and this may take some time.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 02:30:31 PM
Watch out of your door. You'll soon see uninvited police as guest to take you to big house for free. Think of something else dude. Google will chew you and won't spit either.

You are putting GOOGLE brand at a stake..

You still have time.. stop your circus and think something else.


It is really bad if a dev cannot even come up with his own logo or name!!!

Let me explain : The point is to use a strong brand name and its logo and see how it evolves .


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 08:43:38 PM
I invited @google.  ;D

https://twitter.com/grahvity/status/691655575822729216
Thanks, they are very welcome here.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: iGotSpots on January 26, 2016, 09:01:22 PM
Look at his post history, he's done like 20 coins with company names and nobody cares, including a very VERY weird story about Mickey and Minnie Mouse.. Pretty sure he's just trying to bait a lawsuit. Just move along, nothing to see here


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: dzejmsdin on January 26, 2016, 09:02:33 PM
Haha, nice one! You are already rich buddy!


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 09:28:57 PM
Look at his post history, he's done like 20 coins with company names and nobody cares.
How can you explain that?! nobody cares? or maybe something else is going on here....
There is much more to this then you think....   


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 26, 2016, 09:35:17 PM
Haha, nice one! You are already rich buddy!
yes!


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: TillKoeln on January 26, 2016, 09:39:32 PM
Good Luck Dev.



Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 27, 2016, 11:47:52 AM
Monetary Models Applications is a new field of economy science that is to be developed along side with  an independent currency market

The global independent currency market in itself is a new phenomenon that have been powered by the invention of bitcoin and the developments of the blockchain technology.  As you may have noticed in the coin spec there are many other parameters than the total number of coins, or the rate of mining.

In the next few entries I will go over the different coin parameters and will detail what each means and how it effect the value of the coin itself.
I hope for a good discussion to follow.

Let me stress out again the fact that this coin is NOT an official Google Coin. It only come to demonstrate how a coin of Google may be modeled in order to serve the public and investors best. My motivation to use the Google brand name is to make it simple to understand and to draw the attention needed from these economic powers such as Google, to create a sustainable solution for the fiat baseed central banking crisis.

This coin aims to built a community of users as a test case only. However the value of the coin should be maintained according to the targets sets by the community as a whole. A community of users as a whole is that which stand behind any currency including fiat, only that we are not trained to see it this way or understand what is going on. This coin goal is to practice active users awareness. Active Users awareness will become the foundation of all future monetary policy in a free market of currencies.
Since all coin will be "playing" within a free market of independent currencies - Altcoins _ it will allow every "player" to "sign-in" by buying, mining or accepting coins as a form of payment. And it will allow an eazy "sign-out" by exchanging for other currency.



Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: KJMZNine on January 27, 2016, 12:17:39 PM
when launching [GOGL] Google Coin??


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: OSMIUMCOIN on January 27, 2016, 12:22:01 PM
copyright Google ?


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: allinbox on January 27, 2016, 01:13:30 PM
When google will make their own coin, no doubt they will one day, then they definitly wont go the way over this tiny forum


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 27, 2016, 01:45:43 PM
When google will make their own coin, no doubt they will one day, then they definitly wont go the way over this tiny forum
"This tiny forum"  is the most extensive and experienced in altcoins. There is no other classroom better than that at this point.  The chapter of independent currencies market is yet to be written in the text books.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on January 29, 2016, 06:12:19 PM
Coin Value: will be set to the Dollar value at the day of issuance and will be allowed to fluctuate .

Using the Dollar as a benchmark for value is a matter of convenience at this point of time. Once the first Googlecoins will enter the market, future value will be indexed to that start point. meaning it will not fluctuate according to the dollar value changes but will be marginalized according to that value in the first day of trade only.

Let me elaborate a bit more about value index. For a rational trade system to develop we need first to eliminate the monopoly, and then we need to set a constant as the background for our coin fluctuation. Being a "constant" dose not mean that its value is constant. (In the case of pure number a constant is indeed a number but in the economy a constant is the index).  This index in a free-market of currencies can be composed as the average of all these coins performance ( periodical value) and will reflect the overall economy value in terms of money. This inex thus is a coin that dose not exist but is giving the way to value all other coins objectively.(One day it might be the coin value of Tauchain  which as a blockchain will not create coin but will be worth the computing power investment )
(Tauchain https://bitcointalk.org/index.php?topic=950309 http://www.idni.org/tauchain )





    


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on February 03, 2016, 11:08:12 AM


Money supply is the one most important factor in the new economy of independent currencies.  Both central banking fiat based interest rate policy and Bitcoin's protocol dictated policy are under that same category of money supply as different as they may seem to most of us.

Our economy need a deeper understanding  of the power of issue policy.  In the central banking monetary model one need to borrower in order to get the new issued money flow into the economy thus interest rate is its main tool to inject more money into the system.

Look at these two definitions for Monetary system and Monetary Policy, they both assume a monopoly and present a very limited understanding of the mechanisms it self. It is also the only meaning an economist is trained to understand. And that is why there is so much work to be done in that field.
    
A monetary system is the set of institutions by which a government provides money in a country's economy. Modern monetary systems usually consist of mints, central banks and commercial banks

Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.


As an independent issuer I can use all kind of methods to reach my goal regarding coin supply and value and how much it  fluctuate.

For my Google coin model I made these Money supply choices regarding the following categories which every future issuer will have to consider

Number Of Coins: First issue cycle - The estimated Dollar value of Google holdings x 2 (on the day of issuing)
  
Issue Policy: New coins may be issued Each quarter based on last quarter growth of total productions of all users x 2  ( "GDP" of GOGL users x 2 )
Issue policy is  

Coin's Reserve Policy: 1/2 of total coins will be held by the issuer (Google) to allow full control on monetary policy with existing funds.

Distribution Policy: Coins will enter the market as an interest free credit, as direct payment for services and labor and directly into the market according to stated volatility target

Volatility Target: +0.01. Google coin management authorities will control the market's volatility to the stated target' using its currency reserves as well as product's pricing.    


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: CB_project on February 03, 2016, 11:17:17 AM
trademark and copyright fail - sorry

Good luck


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: indiemax on February 07, 2016, 03:32:13 PM
I love your way of seeing the world

your next coin should be

I got balls coin ;D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on February 07, 2016, 09:51:29 PM
I love your way of seeing the world

your next coin should be

I got balls coin ;D

Thanks, nice to get a comment like that.

however my next coin should be:: C&D me coin.
(it seems like I I have to do that myself to get it happened)

Anyway' we could all have made  money on the back of all these companies while making them prepare to deal with the disaster of central banking an make much more money for themselves while doing that..
But people are just tooooo.... they dont get it and .I just dont really have the patience to explain everything.
I"ll just go do some painting art for awhile.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on February 08, 2016, 02:45:45 PM
trademark and copyright fail - sorry

Good luck

No trademark or copyright issues regarding concurrency as of yet. calling my coin google coin is just like naming a child Google at this point. Noone have established anything else as of yet. anyone can do it. anyone can use anyone's else coin's name too. cryptocurrency dose not exist yet as something that its name is making a difference. (unlike your jeans) . and obviously there are no counterfeiting laws regarding cryptocurrency  as of yet. but what do I know?!!  ;D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on February 19, 2016, 12:11:03 PM
just in case you missed it or did not get it yet.

https://bitcointalk.org/index.php?topic=802673.msg13931797#msg13931797


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: madmartyk on February 24, 2016, 06:55:13 PM
Coin's Reserve Policy: 1/2 of total coins will be held by the issuer (Google) to allow full control on monetary policy with existing funds.

How can half the total coins be held by Google when you are the issuer?


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: annad on February 25, 2016, 04:54:51 PM
Coin's Reserve Policy: 1/2 of total coins will be held by the issuer (Google) to allow full control on monetary policy with existing funds.

How can half the total coins be held by Google when you are the issuer?

It probably means a 50% pre-mine which the dev/op will gladly hang on to until google steps in.



Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: madmartyk on February 25, 2016, 05:07:16 PM
Coin's Reserve Policy: 1/2 of total coins will be held by the issuer (Google) to allow full control on monetary policy with existing funds.

How can half the total coins be held by Google when you are the issuer?

It probably means a 50% pre-mine which the dev/op will gladly hang on to until google steps in.



If it's anything like her other coins it will be a counterwallet asset.  So there is no real coin, no mining, no value.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: bhokor on February 25, 2016, 05:08:28 PM
Dev are you interested in the creation of an unique designed paper wallet for your coin plus translation to spanish of the ann?


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: madmartyk on February 25, 2016, 05:19:35 PM
Dev are you interested in the creation of an unique designed paper wallet for your coin plus translation to spanish of the ann?

How can you do a paper wallet for a counterparty asset?


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: tazmantasik on February 25, 2016, 06:08:58 PM
assure us that you from google.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: Braino on February 25, 2016, 06:11:02 PM
This thread and the OP are so FAIL that calling them FAIL is an insult to every failure ever.

Please stop with these idiotic "coins".


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: robelneo on February 25, 2016, 06:20:15 PM
This is a very good example of a coin that fails after a few seconds of launching it on this forum ,with the million dollar Google have and their top notch programmer they can easily track and put you in jail for the so many copyright infringement,if this push through the next coin is going to be Facebook coin..


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: madmartyk on February 25, 2016, 06:20:45 PM
assure us that you from google.

She is not from Google, or Disney, or BOA or Coke...  Search her other coins to see what she is trying to do.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: bhokor on February 25, 2016, 08:47:06 PM
Dev are you interested in the creation of an unique designed paper wallet for your coin plus translation to spanish of the ann?

How can you do a paper wallet for a counterparty asset?

It uses the same network version codes and Private keys like Bitcoin, in fact your counterparty asset is a Bitcoin Add, so simple like that


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: madmartyk on February 25, 2016, 09:08:44 PM
Dev are you interested in the creation of an unique designed paper wallet for your coin plus translation to spanish of the ann?

How can you do a paper wallet for a counterparty asset?

It uses the same network version codes and Private keys like Bitcoin, in fact your counterparty asset is a Bitcoin Add, so simple like that

But who wants a paper wallet for a coin that is worth nothing?


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: CryptoMaik on March 06, 2016, 08:31:41 PM
Exchange?
Can i pay my adwords campaign with this coin? ;D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on September 01, 2016, 01:35:37 AM
https://steemit.com/blockchain/@nili/the-meltdown-of-central-banking-cartel

This short article is about the upcoming monetary events which are going to reshape the landscape of the greatest regime  ever to exist , The credit providers regime as slave traders regime led by central banks and approved by our great democracies!

 So here is the rundown of upcoming events:

1. Some banks will unite to create a digital asset in order to optimize trade and security and get a competative edge by doing so (all ready happening  http://mobile.reuters.com/article/idUSKCN10Z147 https://news.bitcoin.com/four-banks-create-new-digital-currency  )  These asset created only for internal use at this point.

*Note : Four big banks from different countries. So what about the other banks?

2. Other banks, some maybe even from these same countries, will have to come together to create a competing asset  to catch up and be just as officiant as these first four.

*Note: Regulators may  have the power to try and enforce the same asset all across. However they will not be able to justify the cross-nations liability issues. Regulator can function only on a national level not international.

3. The cryptocurrency alliance between these cross nation banks will create a competing asset to the national currency. An asset to be traded by the biggest trusted  entity of our civilization , the banks themselves.

 *Note: May not be traded directly , as of yet to comply with regulations.

4. These asset created by the different bank alliances will be the new gees laying golden financial products eggs based on these assets. These will be name smart contract and it is those smart contracts which will be traded on the market first

 *Note: The original intention of the banks created that first digital asset is going to morph into a very competitive market for private bank assets based on these newly created crypto-assets.

 5. Credit ..... Yes that is the final goal to be reached . Banks will issue credit using their asset and will let you buy your own debts using their newly created  funds. This means that you will create the demand to their currency in the markets. (After all a credit which is denominated in a certain currency have to be payed back using that same currency. *what an alchemy magic right there!)   

*Note: You as the individual taking the new credit to restructuring your national currency based debts, will have the power to choose the best credit provider. and they are all going to be chasing you offering you better and better terms.



The thing that you need to understand is that:

Competing credit providers using competing currencies in a free market of currencies, in which everyone can create a currency will make you the king of your power to create value  - The rightful  owner of your own production power.



And the things you don't need to understand but the bank really do, are as follow :

1. Abusing the privilege to create credit and weakening the currency community made up from these credit borrowers, will immediately weakened the currency itself and the entity which issued it, the bank.

2. Banks which will lend responsibly, empower their borrowers rather then punish them and will help them manege their credit (provide management assistant rather then lawyers threats) will flourish.

3. Banks which will continue with the abusive practices will see a diminishing demand for their asset on the markets, bad projections for the future and immediate losses in the value of the coins in the market. Free market of currencies will react to these signs immediately.   


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: kekmaster on July 21, 2017, 02:59:13 PM
Still, there will be copyright infringements


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: szzc895l on July 21, 2017, 03:09:29 PM
GOOGLECOIN, that's a good name, but isn't it a tort?The credit market is huge, and that's a good idea, and I hope the author will complete this product and get more people involved.  :)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on July 22, 2017, 09:04:08 AM
Still, there will be copyright infringements

Google coin as the other brand name coins which I have already issued are part of an on going art project of NILIcoins which aimed at influencing the  reality of the economics and monetary practices. It was created long before the ICO hype and in order to  "show and tell". as written on the my first topic thread https://bitcointalk.org/index.php?topic=782161.0

Quote
NILIcoins are created to promote a competitive credit-provides ecosystem. A decentralized monetary system based on
cryptocurrency which will employ production power, trade volume and social networks to create an independent coin market.
A market which will then have the power to offer a viable and sustainable alternative for the monopoly of bank credit.

The first step is to provide industries and communities  the proper coin model to capitalize directly on their commercial
power, then utilize coin independence and versatility to initiate the construction of a competitive credit industry.

The NILIcoins project itself was conceived as a result of the need to illustrate this concept in real terms.

I think it made many people realize where are we heading in terms of the future.

The coins themselves where made as an artwork which means that they do not represent the company but rather make use of the cultural imprint of these brands on our society as a whole. This cultural imprint is the property on which I as an artist can capitalized on. (and Ill be thrilled to have any of these brand take me to court on that. It is an important part of the artwork itself.)

Pleas for more information refer to  the coca-coal coin thread in which I have presented many of these issues right at the beginning of the thread https://bitcointalk.org/index.php?topic=798131.msg8977283#msg8977283

Regarding the  Coins : I have have held into most of the coin and did not offer for sell other than in the first few months and then also only for short periods. At the time I was no too interested in selling it until the understanding of what their value is will be more understood. I want these coins to sell as art and for buyers to understand it as such.

once these companies will create their own ICO (which they will at some point) then for sure I will put my coins for sell. but maybe before.



Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on July 22, 2017, 09:09:39 AM
GOOGLECOIN, that's a good name, but isn't it a tort?The credit market is huge, and that's a good idea, and I hope the author will complete this product and get more people involved.  :)

The real frontier of the future of ICO is the credit market. Very few are ready to understand that. that is since very few do understand where the value of money come form. but I can summarize that to one line :

Once you take credit in a certain currency, you need to return it in that same currency.
 



Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: WinMar on September 22, 2017, 09:58:44 PM
I wish google would make their own coin


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: vanluan on September 23, 2017, 12:49:25 AM
you should not use GOOGLE name for your coin  ;D ;D ;D ;D


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: criptix on September 23, 2017, 01:01:47 AM
The coins themselves where made as an artwork which means that they do not represent the company but rather make use of the cultural imprint of these brands on our society as a whole. This cultural imprint is the property on which I as an artist can capitalized on. (and Ill be thrilled to have any of these brand take me to court on that. It is an important part of the artwork itself.)

Thats the weakest defence i ever heard, any totally misguided as far as my knowledge of copyright goes (not an extensive one)


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: NILIcoin on September 23, 2017, 09:43:41 PM
The coins themselves where made as an artwork which means that they do not represent the company but rather make use of the cultural imprint of these brands on our society as a whole. This cultural imprint is the property on which I as an artist can capitalized on. (and Ill be thrilled to have any of these brand take me to court on that. It is an important part of the artwork itself.)

Thats the weakest defence i ever heard, any totally misguided as far as my knowledge of copyright goes (not an extensive one)

I believe that I will be able then to sue them for making a "google coin". After all it was my idea to make that coin first...
The real issue here is that I am not after the pile of money to be made using google's name. I made all these coins in order to make a point and educate these companies of what they should do. That is since the current monetary system must change. I make use of brand name both to attract their intention and realize where they should go and also simply to make a clear picture of my vision.

The latest trend of ICO is now doing some of the work, yet most are far far from realizing where it need to lead. and in fact the Google Cone scheme gives a very good insight into what it need to be.

Im still waiting for their coin to come compete with mine.


Title: Re: [PRE-ANN] [GOGL] Google Coin
Post by: sstercan on September 23, 2017, 10:42:38 PM
please make a whitepaper about coin