[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread

[thilon]

I think that NEM team should notice a coin called COIN2.it is very hot now and It like NEM

[1714816215]

1714816215

[1714816215]

1714816215

[1714816215]

1714816215

[1714816215]

1714816215

[1714816215]

1714816215

[patmast3r]

I think that NEM team should notice a coin called COIN2.it is very hot now and It like NEM

I don't see many similarities between NEM and COIN2.

From http://www.coin2-project.org

What is Coin2 (C2) ?

 – a ‘forward thinking’ fork of Litecoin which also uses scrypt as a proof of work scheme and is intended for bartering of goods and services. Initial price of Coin2 will be determined in the free market(i.e. Exchanges). This coin was fully minted within hours of mining the genesis block. 97.5% of the coin is being distributed (given away) to the first 1000 people with a wallet. This will encourage usage of crypto currency among people without the means to mine or technical “know how” and encourage development of crypto currency in the marketplace beyond mining.

Specifications:

-Fully Minted within hours of creating the Genesis Block

-97.5% of the coin was  given away to the first 1000 people with a wallet.

-Each of the 1000 initial people received 48,750 coins.

-50,000,000 total coins.

-Subsidy(reward) will change to 0 coin after the first 50,000,000 coins. The network will stay alive to process transactions and 0.01C2 transaction fees will be the reward for miners on the network.

-The remaining 2.5% of Coin2 will be used for marketing and future projects (i.e. QR code debit card and merchant services). These coins will be sold

-Exchanges are encouraged to adopt this coin as quickly as possible.

[Uludag]

With the sudden success of Aurora (even it if is a bubble), it is apparent that crypto needs to have an impact in the physical world.

From this, one idea is to donate NEM to start a cooperative village where people use NEM in their daily lives. This should be a remote area that is self-sufficient. Even if there is not internet access, we might be able to set up satellite internet infrastructure. I think that would be an amazing demonstration of how crypto could be used anywhere for secure, decentralized transfer of money.

Another thing to keep in mind is that we wouldn't want to interfere with the local culture of the area. I envision setting up some NEM access points (places with internet) and then people can go use those, with minimal interference into their language and culture.

The question is, where could we do such a thing? It should take a lot of time and dedication from people working locally in an area.

Some ideas are:

1) Bhutan. I think I have seen users from Bhutan on bitcointalk. We could set up solar satellite internet access in some remote village and have everyone in the village conduct transactions in NEM using iPads or something similar. There are some villages that are quite a few days walking from any large city and people are mostly self-sufficient. We would need to have someone local there to run things.

2) Japan. With so many people moving to big cities, there are places in the countryside that are extremely secluded and people grow their own food and make a lot of things themselves. Even in the countryside, though, there is ample electricity and cellular infrastructure, so people would be able to access a P2P network. Also, the government here does not consider crypto to be money and it is currently not regulated.

3) Ukraine. I know people that I definitely trust in western Ukraine near Poland (Lviv). There are some small villages in the Carpathian mountains that are fairly secluded from outside influence. The people I know in Lviv would probably be willing to help or maybe run this full time for us if we provided the resources.

These are some ideas, but as a community, it would be great if people could come up with ideas on how to establish a NEM co-operative. If done right, NEM could make all the major news networks and generate some great publicity. The more important thing, though, would be that we could help real people improve their lives, while respecting their culture (for example, people in a remote village could sell goods online using NEM).

Mokoto I guess u are referring to me . Ok I like your idea, I thought about it and it looks very hard to implement. I have asked my friend (Tsel_bt) who works for the Ministry of trade and industry to see if something like this could be done. He is in-charge of setting small cottage industries in villages like the ones you mentioned.

First of all, almost all farmers in Bhutan are illiterate or only semi-literate, ipads are sadly a luxury for most folks in Bhutan,they cannot afford it. The currency is highly regulated by the central bank and any alternative payment system must be approved by them. Lastly it would be an almost impossible transition for people who have never used the internet to overnight shift to using cryptocurrency as a payment mechanism.

That said, its still a good idea, I will get in contact with friends in the RMA( central bank) to see if it would be allowed. If we can get their approval we can proceed further.

Sounds great.

I think if we could do something like this, we would set up all the infrastructure based on donations from the community and charity donations from the genesis block. Doing this with people who have never used the internet before would be ideal I think, because it would force us to make a simple interface on top of NEM.

Another point I want to stress is that it would be great to do this in a way that is complementary and not disruptive to culture. Therefore, I don't think the government needs to worry too much. In remote areas, I think having a crypto-based payment system would be preferred in rural areas like that, because people could have access to their money when traveling and wouldn't have to travel with lots of cash.

The idea is to get crypto out into the real world and try to make a difference without changing local cultures.

There's a recently published report  http://www.franceculture.fr/emission-le-magazine-de-la-redaction-monnaie-locale-monnaie-a-taille-humaine-2014-02-21 regarding two 'local money' projects based on LETS (Local Exchange Trading Systems) principles: one in the Basque country and one about to be launched in Montreuil (Northern France). A key aspect of the Basque Country local money is that it is seen as helping to strengthen the Basque culture (including its language).

Seems to me that NEM could play a similar role for the many regions around the world which have a LETS system in place and which want to retain/strengthen their identity/culture. NEM could also overcome a problem with all local money schemes, one which can hinder their widespread adoption in the particular region - they aren't convertible (either easily or at all) into the country's main fiat currency.

I made a similar post in the NXT discussion thread a week or so ago following a reference to LETS being a possible fit with NXT, but the subject hasn't been pursued any further since then so far as I'm aware.
https://bitcointalk.org/index.php?topic=345619.msg5319878#msg5319878

Here is more information on LETS: http://en.wikipedia.org/wiki/Local_exchange_trading_system

It's a good idea. Does anyone want to spearhead this?

A mutually beneficial project that NEM should be a part of.

"The Outernet project seeks to bring free internet to whole world.

The New York City-based non-profit organization Media Development Investment Fund (MDIF) is building a global network of cube satellites to freely broadcast Internet data around the world. Dubbed Outernet, the project is founded on the principle that Internet access is a basic human right, not a privilege to be purchased.

MDIF seeks to accomplish its goal by harnessing datacasting technology over a low-cost satellite constellation, allowing transmissions to bypass censorship, ensure privacy, and offer a globally-accessible information service, similar to shortwave radio. This inevitably reduces reliance on costly internet services, the greatest factor deterring 40% of the world's population from accessing the Internet, more so than even restrictive governments."

http://www.Outernet.is

http://www.electronicproducts.com/Computer_Systems/Standalone_Mobile/The_Outernet_project_seeks_to_bring_free_internet_to_whole_world.aspx

http://www.electronicproducts.com/uploadedImages/Computer_Systems/Standalone_Mobile/Outernet_2.jpg

awesome. One step closer for NEM to the moon haha.

[nottrulyevil]

Any updates on development?

[pabloangello]

Any updates on development?

First page, last line of first post.

[patmast3r]

Any updates on development?

First page, last line of first post.

Plus the trello board which is the no1 source for updates.

[Fatih87SK]

Any updates on development?

First page, last line of first post.

Plus the trello board which is the no1 source for updates.

I registered at Trello; Fatih87SK

[lyka]

Friends!
Write here, please, a small release - how is the work on the project. I'd like to translate and publish in any language section of the forum.

[sevenyears26]

Ive been following zerocoin very closely since its first mention. They have just released another white paper and Id like to propose that the devs have a look at these ideas if they havnt yet. There are some extremely secure features:



http://ifca.ai/fc14/bitcoin/papers/bitcoin14_submission_12.pdf



Anyone else heard of this coin?

[Fatih87SK]

Ive been following zerocoin very closely since its first mention. They have just released another white paper and Id like to propose that the devs have a look at these ideas if they havnt yet. There are some extremely secure features:



http://ifca.ai/fc14/bitcoin/papers/bitcoin14_submission_12.pdf



Anyone else heard of this coin?

I heard it at the NXT thread. They are working at it to implement some features of Zerocoin into NXT.

[gimre]

I heard it at the NXT thread. They are working at it to implement some features of Zerocoin into NXT.

I've heard discussions, but I have serious doubts that ZC will actually get into NXT

[Ged]

NEM will get into NXT too ??

[qiji]

I like the second one on this list of potential NEM logo's

[yidian]

NEM will get into NXT too ??

+1. NEM Devs please consider it.

[gimre]

NEM will get into NXT too ??

+1. NEM Devs please consider it.

what do you mean?

[Market6677]

NEM will get into NXT too ??

+1. NEM Devs please consider it.

here is only written crap!
I want the feeling that some have a few records with their accounts.
There is something senseless written without regard to the topic of NEM.
Since the official fund control, it is extremely who else comes here with his10 or 20´ account and writes nonsense

[Market6677]

I like the second one on this list of potential NEM logo's

the next example of nonsense

I'm just about to write a great blog entry about NEM and with so much idiocy what is posted here since days I have become less pleasurable.

Please only write when there is something to write and not to upgrade your fake accounts.

Call me an asshole, but there it is!

[mr smith]

Charming, Nice to know some people are active in our community. As to your GREAT blog please post it. Help rally the troops as they say. Keep up the good work !

[mr smith]

Please be aware of Fraudsters. It is apparent that some tricksters are trying to sell Stakes that they do not have.
Do NOT part with any money as no stakes have been allocated. There is a waiting list for those that wish to actively participate in NEM and contribute to our success.

[Hauberg81]

When it starts?

yesterday, sorry u are to late your stake had an other person.