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Author Topic: Virtual currency, Cryptocurrency, how about "network currency"?  (Read 1604 times)
TradeFortress
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March 21, 2013, 07:28:09 AM
 #21

I like the sentiments of OP ... though 'network currency' can sound like 'networking marketing .... pyramid, etc.

"Internet Currency" could be more appropriate, useful and correct , since it operates on layer 4 and above, not on the network hardware anyway (yet?)

Bingo! I was wondering if this point was going to brought up, for if it hadn't I was going to pen something similar.

Amway, et al., were considered MLMs, until it was remarketed as Network Marketing. Insurance companies are base on the same principle.

There's probably a large demographic that has a negative cognition toward the term network, although I do see the beauty in its usage.

One main problem I see with the term "Internet Currency" is the number of syllables it has. Perhaps, if it were shorten to something like "Netcy" it may have a chance.
I don't like netcy - what about online currency?
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shamaniotastook
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March 21, 2013, 08:01:08 AM
 #22

Virtual currency makes Bitcoin sound inferior. People think digital currency are their bank accounts. Decentralized currency will confuse many people. Cryptocurrency has a "shady" connection to Joe Public. How about the term 'network currency' which brings in the point that it is maintained by the network?

social currency
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March 24, 2013, 01:26:15 AM
 #23

"Internet Currency"

+1

Bitcoin is THE internet currency!!!
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March 24, 2013, 01:07:24 PM
 #24

Would you rather have script or crypt? Who here has an account at Urban Dictionary?
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March 24, 2013, 01:36:54 PM
 #25

"Internet money" for average people.

"Decentralized internet money" for people who you think are smart enough to grasp how groundbreaking decentralized money is.
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