All I want to say:
I hope that legally and by soul we will create new economy based on digital decentralised Consumer cooperatiion:
http://en.wikipedia.org/wiki/Consumer_cooperativeIn many countries it has status of non profit or have much lover taxation.
Consumer cooperatives are enterprises owned by consumers and managed democratically which aim at fulfilling the needs and aspirations of their members. They operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops and other groups operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions).
We need to be better then others.
1) Fast and easy transactions on smartphones (not more then 10 sec)
2) Fixed transaction fee at fixed speed of proceding
3) Transaction expances must be not higher then those with banking processing centers, VISA and Master Card
4) Ideally automated processing original credit or debit card transactions with payment to the parties and stakeholders as commision(bonus) (maybe we need own processing center or something like opensource google wallet)
5) Algorithm to automaticly calculate emition of new money based on condition of stabilisation fund.
We can use a) premined billions secured in automated account or transaction algorithm b)internal system commision on transactions to develop stabilization fund and regulate speed of market growth.
6) To ballance even better - we need automaticly controlled deflation not higher then 96%, 48%, 24%, 12%, 6% in future years and 0% inflation suppotred by stabilisation fund
7) Later on we may need to implement rating system and be open to current legal system - create way to show real identity by paypal or banking account validation if person or company wants. If system will be really big we will show the rules - not government))
It's huge challange but it may make the difference for human future. Just think that with this system we can have great deflation at lunch to have rapid growth, then our coin become new international independent payment system, more stabile then any government or banking system.. And system mast be fair. If you're early bird you will have some passive income at begining but it will not last long as amount of transactions is growing and you're not participating.
Regards, Yurij
