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

[TwinWinNerD]

Yes he could be shady  I am just curious about his plan  . Domain names are virtual real estate I get it, but NEM or nxt as real estate how? unless we start thinking NEM stakes as building you are renting out and NEM being foraged or forged as rent.

How much Nem can you generate with 10% of NEM anyway, the whole idea of POI was to insure little guys get a chance to earn as well as the big guys.

what is .003% anyway, are you saying you own that much nxt.

Forget about forging. That is the POW paradigm. Forging is like passive rent. Landlord mentality. Downton Abbey. 19th Century mentality. Money for nothing.

I am interested in creating 'things', enterprises, activity, dynamism.

POS is like TCP/IP. The applications are build on top, like structures are built on real estate.

Structures like factories, universities, hospital, casino, hotel, airport etc etc

0.003% is an equal NEM stake (I think?).

A NEM stake is very small, but still good!

But you can't build something big with 1/3000th share

Why wouldn't you gather NEM owners, not NEMcoins?
Isn't the result the same, together you would own 10%.

because the market wouldn't be so liquid that he could acquire 10% of the stake on the open market. he would drive the price throught the roof. It is like an institutional investor that wants to buy 100million USD worth of BTC. He will do that OTC (over the counter) and not on the exchanges. (Look at BIT for example)

[1715450293]

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[1715450293]

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[UtopianNow]

Would you mind giving a clearer picture of what it is you want to build ?

I want to build businesses using NEM.

In order to do that I need sufficient 'real estate' or economic potential on the NEM network.

With a small stake it is hard to create big things with.

I will try and give you some concrete 'examples' of POS businesses.

Can you create a global internet casino with 1/3000th share of NEM?

Can you create a distributed insurance company with 1/3000th share of NEM?

Can you create a distributed copyright & royalty DRM service using 1/3000th share of NEM?

To do these things will require pooling NEM together through 'company' structures or crowdsourcing.

Crypto currencies are by their nature decentralised.

DAC concepts might succeed, but another possibility is concentration of economic potential (or big fish).

By big fish I mean individuals who accumulate large economic resources.

If NEM is to thrive it needs to create things, and 'big fish' create things.

Not everyone likes this reality, but clear thinking people can see it is true ... sometimes.

[UtopianNow]

Why wouldn't you gather NEM owners, not NEMcoins?
Isn't the result the same, together you would own 10%.

Have you tried to herd cats?

Why create a decentralised currency and then try and centralise the ownership into 'company' structures?

Too much work creating a shareholder company. I could do that with USD.

Anyone who creates a successful NEM based 'enterprise' indirectly benefits anyone who owns NEM.

[ashapasa]

A Ukrainian gangster who wants to sell his ill gotten stakes but cant trust anyone, a member of the gang gets shafted by said gangster and wants to get even, we makes a dramatic post claming to have vital information regarding the the very existence of NEM. A shady whale comes in NEM land, his shady intentions he wont reveal but he claims he will replace the internet with NEM  . All this happening while a simple stakeholder dreams of selling his NEM stake so he could score with hot girl this coming summer.  

If anyone had doubts about NEMS future they better not after these sequence of events. NEM is more dramatic than Game of Thrones, if only we had some nudity it will be complete.

  

[UtopianNow]

because the market wouldn't be so liquid that he could acquire 10% of the stake on the open market. he would drive the price throught the roof. It is like an institutional investor that wants to buy 100million USD worth of BTC. He will do that OTC (over the counter) and not on the exchanges. (Look at BIT for example)

Yes, and I want to do this openly, and quickly, so it doesn't effect the price discovery mechanism for NEM long-term.

I want to make my 'gamble' with NEM right at the start of NEM's history, so it is fair, because none of us know what will happen with NEM.

We have not even seen any software.

My offer 1:40 exchange for NXT is fair, and I am being open about my intentions.

I will offer escrow.

[Jonasbarmer]

Why wouldn't you gather NEM owners, not NEMcoins?
Isn't the result the same, together you would own 10%.

Have you tried to herd cats?

Why create a decentralised currency and then try and centralise the ownership into 'company' structures?

Too much work creating a shareholder company. I could do that with USD.

Anyone who creates a successful NEM based 'enterprise' indirectly benefits anyone who owns NEM.

Please stop bother us with your posts about "NEM is business etc..!! Everything you write is rubbish. So please just leave us and have fun where else !!
I'm so sorry if you missed the IPO, but please wait until NEM is developed and by the love of god bother others than possible NEM-stakeholders with your unrealistic offers and blablabla-NEM-business. You understood nothing at all about this movement!

[okaynow]

Hey guys, i worked this out.

Sol's Regent
100% semi-combed cotton
Taped back neck
Rib neckline
Tubular body
Twin needle stitching
3M Vinyl cut
Available sizes: XS, S, M, L, XL, XXL, 3XL

You can check it out, along with some more of my work here
atrapos::Moolah Market
Thanks

[ashapasa]

very nice Tshirt. I like the M especially. How much NEM is it? 

[j23a]

The Nem logo should be a t-shirt with a Nem logo. Jk.

[Jonasbarmer]

because the market wouldn't be so liquid that he could acquire 10% of the stake on the open market. he would drive the price throught the roof. It is like an institutional investor that wants to buy 100million USD worth of BTC. He will do that OTC (over the counter) and not on the exchanges. (Look at BIT for example)

Yes, and I want to do this openly, and quickly, so it doesn't effect the price discovery mechanism for NEM long-term.

I want to make my 'gamble' with NEM right at the start of NEM's history, so it is fair, because none of us know what will happen with NEM.

We have not even seen any software.

My offer 1:40 exchange for NXT is fair, and I am being open about my intentions.

I will offer escrow.

Who is in charge to stop clowns like him? Obviously he is a troll - nobody could have 90 stakes like he presumed. His only aim is to harm NEM. Nothing else.

[cupper5]

Hey guys, i worked this out.

https://i.imgur.com/FAo1e0s.jpg

Sol's Regent
100% semi-combed cotton
Taped back neck
Rib neckline
Tubular body
Twin needle stitching
3M Vinyl cut
Available sizes: XS, S, M, L, XL, XXL, 3XL

You can check it out, along with some more of my work here
atrapos::Moolah Market
Thanks

Very good. Now we are talking.......actual business by crypto.....an example of 'non shadiness'

[Jaguar0625]

It is not easy to start a fork and a new genesis block with NXT code bases. We are going to use NXT codes but it has to be adapted to our new distribution scheme. So things take time and probably need a good cryptographer to make it happen. So we will move forward but patience is needed.

I don't know who you are or why you are talking about the NXT code base.

[Jaguar0625]

It is not easy to start a fork and a new genesis block with NXT code bases. We are going to use NXT codes but it has to be adapted to our new distribution scheme. So things take time and probably need a good cryptographer to make it happen. So we will move forward but patience is needed.

I thought NEM was being built from scratch   how much similar are we to NXT? 10% 20% 50% ?

NEM will use 0% of the NXT code.

[ashapasa]

It is not easy to start a fork and a new genesis block with NXT code bases. We are going to use NXT codes but it has to be adapted to our new distribution scheme. So things take time and probably need a good cryptographer to make it happen. So we will move forward but patience is needed.

I thought NEM was being built from scratch   how much similar are we to NXT? 10% 20% 50% ?

NEM will use 0% of the NXT code.

Yes, I am so glad to hear that 

[Jaguar0625]

May I ask what your "business idea" is ?

I am still developing my ideas, so it would be unwise to try and describe my embryonic concepts now and risk being misinterpreted.

I would say that to me POS coins on a crypto 2 platform like NXT & NEM resemble virtual real estate, but unlike physical real estate, POS 'real estate' on a crypto 2 network can move around.

For some ideas you need a lot of 'real estate'. A block of flats, a shopping mall, a hotel, a fun park, a casino etc

Imagine if virtual real estate could relocate to anywhere on the network at zero cost in an instant.

6-10% of a POS coin is enough 'real estate' to create many 'things' that can't be created with 0.0003%

I know I have not explained anything, but it is some thoughts.

If you are serious about your business idea, you should consider joining the NEM ecosystem board, where people are discussing NEM business ideas. So far, none of them have required a significant stake of NEM.

[UtopianNow]

May I ask what your "business idea" is ?

I am still developing my ideas, so it would be unwise to try and describe my embryonic concepts now and risk being misinterpreted.

I would say that to me POS coins on a crypto 2 platform like NXT & NEM resemble virtual real estate, but unlike physical real estate, POS 'real estate' on a crypto 2 network can move around.

For some ideas you need a lot of 'real estate'. A block of flats, a shopping mall, a hotel, a fun park, a casino etc

Imagine if virtual real estate could relocate to anywhere on the network at zero cost in an instant.

6-10% of a POS coin is enough 'real estate' to create many 'things' that can't be created with 0.0003%

I know I have not explained anything, but it is some thoughts.

If you are serious about your business idea, you should consider joining the NEM ecosystem board, where people are discussing NEM business ideas. So far, none of them have required a significant stake of NEM.

Thanks for this suggestion Jaguar0625. Could you provide a link?

[opticalcarrier]

summer is coming, hot girls are coming, but where is NEM?

coming soon!

coming soon?  its not even breathing hard yet

[nxtvisa]

Hey guys, i worked this out.

Sol's Regent
100% semi-combed cotton
Taped back neck
Rib neckline
Tubular body
Twin needle stitching
3M Vinyl cut
Available sizes: XS, S, M, L, XL, XXL, 3XL

You can check it out, along with some more of my work here
atrapos::Moolah Market
Thanks

nice

[UtopianNow]

Who is in charge to stop clowns like him? Obviously he is a troll - nobody could have 90 stakes like he presumed. His only aim is to harm NEM. Nothing else.

Who is in charge? With 7 posts to your name, I can see it's time you did some reading Jonasbarmer.

With crypto currencies, once NEM is released nobody is in charge. NEM exists in a market free of manipulation.

If people like my offer they accept. If not, they don't accept.

The only 'clown' is the one who asks 'who's in charge'.

That is genuinely funny

[UtopianNow]

If anyone had doubts about NEMS future they better not after these sequence of events. NEM is more dramatic than Game of Thrones, if only we had some nudity it will be complete.

Porn industry needs decentralised finance. Porn is a perfect fit for NEM.

Look at history, first porn monetized VHS, and then the internet itself.

Porn industry is always a tech innovator.

It's not a joke. Porn is big business.

ashapasa, you will get your 'nudity'.