we are working hard at this
Thanks for the idea, effort and excellent example of a good will! (giving away all premine and own mined coins.
I wrote twice that this coin is great, but I never explained in the detail why I think so (and why I think the cryptocurrency in general is a great idea) I think it's worth sharing and hear what community thinks.
Why cryptocurrency in general is a good idea?Cryptocurrency creates a commodity which once established cannot (mostly) be thinned out en-mass by printing like fiat, leading to all sort of problems.
This is so much closer to times where money was not just a paper, but a paper backed with a real value (being it gold or something else of limited supply - therefore steady value).
When people believe in the cryptocurrency, it becomes a commodity and because of the limited supply, steady value makes it better than fiat.
Cryptocurrency leads to more efficient/cheaper transactions - can't be directly controlled by the banks/government, reduces their role as a middle man - which earns on us in various ways - and reduces economic inequality (i.e. small percentage of people having more and more wealth).
Call me wish thinking, but I believe eventually cryptocurrency will replace majority of current fiat - not today/tomorrow, but 10, 20 or 30 years from now.
People are not silly and realise the potential of it and how fiat lacks.
To do that, all you need is to give the coin value. How do you do it?
It starts with idea, leads to community, services, more services and even more services. The critical point will be once enough retailers accepts cryptocurrency - so that people can have a choice of being actually paid in the cryptocurrency (of their choice). Why not - already there's plenty of people for whom the only income is coins - miners.
Cryptocurrency leads to fairer wealth distributions - because of the accessibility, widespread adoption and community.
Why? That's simple - have a look at the good will of majority people on the board - giveaways, donations etc.
Do I have to mention MemoryCoin 2 and built-in protocol which automatically gives 1% of mined coins to charity? This is the spirit.
How often do you see this with real money? Yes, there's charity etc. but not at such a degree I believe.
There are still people chasing quick profit or big money - it's the world we live in, unavoidable - but they come, mine, sell and go, essentially doing us a favour (mining huge amounts and spreading it through selling into wider community). Surely, some will amass huge amounts and won't share, but bacuse majority of us does not originate from extremely wealthy (greedy) backgrounds, it'll be less of an issue than with anything else.
Why this coin is going to succeed?There is market for a large number of good coins, and this will be one of it. Why?
For the coin to be successful, it has to fulfil 2 requirements:
1) Lack of severe technical issues - either protocol or greedy dev with huge premine (dimecoin and 8% for example).
2) Community - people behind it who believe in the coin, idea and make it valuable.
Although it's pretty obvious, I'm still surprised how many people doesn't understand it.
Majority of projects to become successful, have to become popular and backed by strong community.
Made for people - it's quite clear when you see how many projects/products failed because of lack of it.
Clearly this coin got everything right. It is not lacking, and has wider and wider community behind it.
As long as people are here, you can't stop it.
So - once again, I believe in this coin and I'm going to hold it long term - among several others like Memory Coin 2 - because of you - all the people behind it.
Not far from now all the people selling cheap will realise that it wasn't a good idea - fortunately there's still time to come back and mine - or buy from big farms selling which - which I'm off to now :-)
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