A lot of this is consumption for people.  A good example during the Great Depression was Huey Long who had that song about every man being a King, every woman a Queen and you can be a millionaire too.  He was later shot.    


http://youtu.be/jlP9x-5pwsM?t=34s

A supply in the billions was once controversial until it was popularized by Doge, NXT and Ripple.  Now many coins come out with a supply in the billions.   It could very well be the case that a supply in the trillions will work better but we don't know as nobody has taken the initiative to try it.  

I think from an international perspective the international monetary supply is around $20 trillion and then derivative, assets and other things do add up to $500 trillion to $1 quadrillion.  So having a NEM supply at 800 - 888 trillion does fit that global scale.


I think it would also work better for tipping.   Doge used to get a lot of interest as people were tipping each other millions of coins but nobody does this anymore because 1 million Doge = $200+ and you aren't going to tip a stranger $200 bucks+.  People don't get as excited over a free 10,000 coins anymore.   This change would mean each stake would get around 250 billion NEM each and that is a lot of tipping millions.  It is a psychological thing but many people like the sound of millions and billions.



I don't think the motivation from anybody here is to cause a riot or a meltdown.  I think we have to remember we are still in the innovation phase.  The user base of this digital currency technology is only 500K-2M people when the internet in 1989 had up to 3 million.  We should always be trying to take every unprecedented initiative we can with the hopes of introducing this technology to more people.  One form of that, I guess, could be "much NEM much wow" where new users are lured in by receiving millions of coins.

Why SuperNet fall down from ipo price of $5

Are we all church of hodl?

I am currently detained in a psychiatric institution in Helsinki, because I need rest. My physical well-being is taken care of.

I find this kind of myopia amazing; it's kind of like the "it's your fault that you're poor", even if you work several jobs and still barely make enough to feed your family.

I wonder if you would hold on to those views if you were to become homeless one day - or do you think it can't possibly happen to you?

This a really amazing idea to me.  I figured out that if there are 4 billion coins that 0.1% inflation per year could go as a node reward no problem, possibly even more.  I think nobody can really get upset about a tenth of a percent of inflation.  The plus side is that would be just a little over 10,000 NEM a day.    If the amount of coins is 8 billion, then that number goes up to 20,000 NEM a day.  This actually is a kind of nice amount of NEM.

I think the best way is that once a day, always at a random time that nobody can know, a network sweep is done for nodes and that 10,000-20,000 NEM is divided equally between all nodes, rich or poor, all alike would get a reward. I could even easily double those numbers and not even think twice about it.  This could also dramatically cut down on the whole "faucet" thing.  Instead of people going to some website and going through silly motions or putting a silly signature on their profile, they can just leave a very lightweight client running in the background and get free coins.  

For instance, I once checked into NXT and found out they usually have less that 200 hallmarked nodes at any time (hallmarked nodes are the ones your really need because while anybody can forge, only hallmarked nodes support the network).  One reason for that is that in NXT making a hallmarked node is very difficult and only really for the more advanced techies.  But in NEM getting the node to be hallmarked is like 10 times easier (still took me a bit to figure out and took many tries, some clear guides with pictures and steps on how to open ports on different popular firewalls and routers would go a long way to making it much easier).  It would be sooooooooo awesome to say that NEM on week one had more nodes up and going than NXT.  And what would the cost be? Very very little in the way of inflation.  

If I had to give it a name, I would call it proof-of-support.  

I can tell you right now for a fact 100%, that if I could have gotten 20-100 NXT a day just for leaving a client going, I would have had it running in the background of my computer all the time, anytime I had the computer on.  I also would have been much, much, much, more active in their community.  After a long time in NXT, I forged three blocks, all for 0 fees.  Made me so frustrated I turned it off and started looking at their forum far less.  How many more people were like me?  NXT's system is set up in a way where the rich just get richer.  We have a chance do do something about that here and give regular people a chance to become something too, especially if they are in on NEM early.  

One of my majors in university was Psychology.  It has been proven time and time again, if you get people to do a little something for you, they are more invested in you and will do a big something later on.  This is one of the oldest tricks of manipulators around the world.  New religious movements do it constantly.  Those people that come knocking on your door trying to convert you, the church doesn't send them out to your house for your salvation.  The church sends them out to your house to solidify the faith of the person knocking.  That is why there are always two, an established church member and a newbie.  The newbie by knocking on the doors becomes soooo invested in the church that they are much much more likely to give the church money later.  

The Mormoms famously send out all their young for two years to proselytize.  After this intense experience, they are much more likely to not ever leave the church but instead more likely to donate money to it.  It is one of the richest churches in the world because of this despite being so small (I have another degree in world religions).

My point is, if we can get people running NEM in the background, they will be much more likely to follow our posts, join the community, and even contribute more.  A very small inflation of less than one percent given to people that support NEM would actually make NEM much more valuable, not less valuable.  

I support this idea 100%.

@jabo very well said sir. I don't see how anyone would disagree to that. It's brilliant.

I'm just wondering what kind of time/effort would be required to do this?

If this was the playground you'ld be eating dirt Spoetnik.

You're lucky Evil Dave lives in Europe or he would do all sorts of sick Eurotrash chyieet to you.