[ANN] 42-coin Development Discussion Thread

[IMZ Noo Account]

42 in The Time of Inflation


'France has so far taken the boldest approach, promising that no company will be allowed to fail as a consequence of the disease that has prompted businesses large and small to suspend operations. The government will guarantee hundreds of billions worth of loans, delay tax payments and suspend rent and utility bills for smaller firms. And the French state is ready to go further, nationalizing industries if necessary.'

https://edition.cnn.com/2020/03/17/business/coronavirus-economic-response-europe-france/index.html

You only hear a statement like this once in a life time.

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[IMZ Noo Account]

Tee hee -- have a look at the '6M' chart:

https://www.marketwatch.com/investing/index/djia

[We are focussed here, not on the human aspect, but on how the economic fallout, particularly money-printing of unprecedented amounts, will ultimately impact (deflationary) cryptos.]

[IMZ Noo Account]

42 in The Time of Inflation


Suppose:

one-time lockdown with one-time (mega-massive) stimulus. Okay. But what if that doesn't contain the virus, and you have a 'slow burn' that results in subsequent lockdowns?

Well then, you must have subsequent rounds of stimulus.

Then what if you get just sort of stuck between economic recovery (sparked by the stimulus) and slow-burn-necessitating-semi-lockdowns-and-border-closures?

Well then, you must have subsequent rounds of stimulus.

In this case, by Christmas this year, the entire global economy could be running on Gubmint cheques.



'Lockdown eased in Hubei province despite doubling of new coronavirus cases in China'

https://www.france24.com/en/20200325-province-at-epicentre-of-coronavirus-outbreak-lifts-restrictions-as-china-reports-no-new-virus-cases

[IMZ Noo Account]

42 in The Time of Inflation

Just to get a sense of the $$$:

a few months ago, Australia's conservative government was strongly committed to a fiscal surplus. But now:

$AUS 17B stimulus package

Then our Central Bank: $90B 'funding facility'

Then another $66B in stimulus

All announced in just 18 days, and some state $$ thrown in as well.

[IMZ Noo Account]

https://www.reddit.com/r/CryptoCurrency/comments/fu0kem/42coin_friday_432020/

[shinohai]

https://www.reddit.com/r/CryptoCurrency/comments/fu0kem/42coin_friday_432020/

Finally: if bullion interests you at all, cruise some p2p – ‘bullion-bug’ -- sites. A lot of the members do have a grasp of politics and current events. And plenty many strange stuff goin’ on with bullion today!

This made me nostalgic for earlier times when things worked right. There seems to be renewed interest in precious metals: https://www.bloomberg.com/news/articles/2020-04-02/want-a-gold-bar-under-your-mattress-get-in-line-and-pay-up

[sirslayer]

Good news for 42-coin holders from cryptopia !!!

https://www.yahoo.com/finance/news/cryptopia-users-victorious-court-following-103119355.html

[Than-Ioan]

Good news for 42-coin holders from cryptopia !!!

https://www.yahoo.com/finance/news/cryptopia-users-victorious-court-following-103119355.html
[/quote

I hope I will take one day back my coins from there , I had a good amount of 42 , and just 0.5 bitcoin on other alt coins.. It's sad first I lost most of my bitcoins on MT gox, after on Mintpal, then Cryptsy and finally Cryptopia.. Totally I have lost the 70% of my coins on these markets...]

[IMZ Noo Account]

https://www.reddit.com/r/CryptoCurrency/comments/fy5c95/42coin_friday_1042020/

[IMZ Noo Account]

'In the span of approximately 100 days, the entire global capitalist empire has been transformed into a de facto police state.'

https://www.zerohedge.com/geopolitical/brave-new-normal-cj-hopkins-has-theory


Well, when you put it like that . . .

Edit: but 'a war on minor cold-like symptoms'? Hmmm . . .  seems to be more than that.

[IMZ Noo Account]

Volume on all three exchanges today.

[Than-Ioan]

https://coinmarketcap.com/currencies/42-coin/ interesting!!

[Lasergun]

From one of our supporter, '42-coin. It's a small world!':

The idea of this slogan

The coin can be seen as very rare digital gold for 'small world' of millionaires, financial institutions, it is commonly used in this sense, for longterm holdings, as a rare alternative to Bitcoin,
and for small investors too, but only small number of them can see the potential now, so dual meaning of 'small world'.

[Than-Ioan]

[IMZ Noo Account]

https://www.reddit.com/r/CryptoCurrency/comments/go9nq0/42coin_friday_2252020/

[IMZ Noo Account]

'The new package takes Japan’s total spending to combat the virus fallout to 234 trillion yen ($2.18 trillion) . . . '

https://www.nytimes.com/reuters/2020/05/27/world/asia/27reuters-health-coronavirus-japan-stimulus.html 

$US 2.2 Trillion — is that a lot?

[IMZ Noo Account]

Did someone mention a Noo Slogan Competition? I like 'Made of Code. Code is forever,' which is a little different from the original here. (And what prize would we have? I am struggling to get even a satoshi of 42 at a reasonable price. Got none to spare!)

https://imagehost.imageupload.net/2020/05/17/42.png

[Lasergun]

Slogan Competition! Stage 2 - Vote for the slogan you like best!

Stage 1 - Propose.
Come up with a slogan(s) for 42-coin and post it here and/or on Discord together with your wallet address. Depending on the reaction of users, we will choose the best ones.
The final vote will take place in August in our telegram on Discord and forum. The winner will get 0.0042 42 + possible donations.

Stage 2 - Vote.
Vote for the slogan you like best! Voting will last until September.
Vote on telegram: https://t.me/chat42coin (Joining the group is closed until the end of the vote).
Vote on Discord: https://discord.gg/ge2gUHy

Due to the cheating, voting on telegram has been disabled.

[shinohai]

Slogan Competition! Stage 1 - Propose.

Come up with a slogan for 42-coin and post it here and/or on Discord together with your wallet address. Depending on the reaction of users, we will choose the best ones.
The final vote will take place in August in our telegram and forum. The winner will get 0.0042 42 + possible donations.

Hey Lasergun, I finally was able to build 42-coin with musl libc so it works on my gentoo. I'll think on slogan and post up an addy later, or better yet just send coinz to IMZ.

Having a portable 42coin is kind awesum.

[ViqRa]

"The answer to storing value"
"Storing value done right"

Address: 4YqzAfNsRPuLKfqioX8uBLLEdgB61bUFbf