It is proven that all cryptographic coins are taken by the 1% again. They have all the powerful mining devices and money to pay for electricity. We have to create our own crypto-currency. Here is an idea:

1) Create our own peer-to-peer network
2) Only members in this network can mine this crypto-coins
3) Use CPU based algorithm
4) Only one device per IP address per receiver address (Is there a fool-proof way to control this?)
5) Members use coin to buy things/services from each other. E.g. provide car-pool service for coins (we have to drive to work anyway).
6) Once we get most of the coins, we open the network to the bankers

What do you think?

Should I use solo mining or pooled mining?

RT Keiser Report reported this news:

http://rt.com/shows/keiser-report/episode-534-max-keiser-977/

Is EmerCoin a worth while coin to mine?