Satoshi Mafia: The Legend of Satoshi

[chainganginc]

Looking to start a project from the trenches and beyond. Looking to gather some true Bitcoin Enthusiasts and investors. What better place than here where it developed. Trying to come up with a name for this project. But first need to build a community and develop a super solid foundation. It's about securing your freedom and the legacy of Bitcoin. A lot of you regret not getting in early and it's not too late if the community pulls together. Everybody needs to know what Bitcoin really is and the science of the protocol.

The idea is to start Bitcoin at the last 4 years of its completion. That would make the block reward 1 Satoshi. That would be .00000001 every 10 minutes. Looks like that would be around $450 a month if Bitcoin were a million dollars each coin. We could all keep Bitcoin wallets and stack them with Satoshis holding on or I might have to do it myself. It needs to add up to at least $450 dollars a month total combined. Like paying rent I suppose but you keep the keys to your wallet. Would be crazy if we could trust each other with the private keys but that would be a bad idea because you never know who's a fraud. But I'm trying to build a list of members the. We can move from there and try to get it launched. Would have to premine the other coins and keep them in a trust account maybe with the Altquick guys.

[joniboini]

So you're basically trying to create a Bitcoin fork? Assuming your coin is going to be worth 1 million is a bit too ambitious. Never mind that, how exactly are you planning to launch your coin? Just for a Bitcoin codebase and encourage "early investors" to trust you? What does securing the freedom and legacy of Bitcoin even mean? If it's just about premine and early distribution, I think it's not appealing at all.

[chainganginc]

So you're basically trying to create a Bitcoin fork? Assuming your coin is going to be worth 1 million is a bit too ambitious. Never mind that, how exactly are you planning to launch your coin? Just for a Bitcoin codebase and encourage "early investors" to trust you? What does securing the freedom and legacy of Bitcoin even mean? If it's just about premine and early distribution, I think it's not appealing at all.

I hate to call it a fork but yes. Im not assuming it'll be worth 1 million but Bitcoin probably reach that level. Basically I want to quantum leap the chain. I don't think anybody should trade Bitcoin for any altcoin. I would like to build up the Bitcoin Ecosystem by with the support of OG users. Trying to bring in new users and adopt Bitcoin. The average person can't afford 1 full Bitcoin so the best they can do is gather as many Satoshi's as possible. Most will never be able to have 1 Bitcoin in there lifetime. Most of the early adopters will be gone by the time 2140 comes. Would be nice to test out the chain with no block reward. Everything is open so you can see where I move all the premined coins. I would like to build a Treasury trust. Would like to get the earliest investors I can get.  Nobody move nothing out there addresses. The membership starts here. I don't know the percentage of premined coins that will be distributed.  Maybe we can do 5 percent. What would you do? Need to build some kind of trust if there is a premine like a council. Id have to trust someone in this project.  Its an experiment that could work. The plan is to put Bitcoin in multiple faucets in different country domains. Can put IP and Proxy blocker on each country. That would be the main way to distribute the coins. Can also create a game to play and get coins. Trying to launch it properly so the chances of success will be good. So many people regret not getting Bitcoin and are not happy with the people around them. You can't blame or depend on your environment to help you with Bitcoin.  People still think Bitcoin is a joke 100000x is no joke. You could do a lot in a community with that but I understand why OG investors do nothing. It's almost like a catch 22 damn if you do damn if you don't get Bitcoin. I think it's worse if you don't get it.  They could have been free from the chains of society. Advancing the community into a new world putting the power in your hands. Bitcoin is the greatest ROI in history. The governments are not open enough with the money. Government officials should be open more than anybody. If you have authority your signature is a dangerous weapon. Your pen can harm society or make it better. That's the legacy of Bitcoin bad actors in the government can damage your future. Who can you trust? You need that trust less protocol. People are going off course with no care for you. Bad people are going to always be lurking around. If you had a bank what would you do? A lot of people would abuse the power start wars and stuff. The distribution is through faucets all over different country domains . I would like to bring back dragon's tale and faucets. All the people who should have had it should get this and understand. Also The Bitcoin network may have been highjacked less than 1 percent of the addresses hold the most Bitcoin. On top of that the quantum threat the wallets have to be upgraded . Even if it's not anytime soon. The government could gather all the old wallets that don't move addresses or the first people in public who get access to these  computers can be dangerous. Bitcoin will keep rising probably because the scarcity. Coinbase should grow bigger because they are not playing around with the future.  What need a trust less society I guess every president or government officials should be replaced by AI computers. But it's a project that will test the chain live real time. To many altcoins I have realized that don't want to bring value. They just want to get rich and leave. Thats why alot of these meme coins are jumping even the ones that claim be be real are a joke. I tested some things already and one of the main things people look for is the funds behind projects because they want to only get rich. Need to create something at this point that is more than just a payment system. Just another shitcoin right. Many people are done with forks. How can people who fucked up get in a good postition it's like a second chance theory. If you can't see this now then you don't want it. You shouldn't have Bitcoin or any coin that can give you more freedom.
.

[chainganginc]

Who ever wants to help me come up with a whitepaper is gladly welcomed to join.

[justinlamode]

Your proposal is probably to create another shitcoin probably to enrich yourself and your friends, just like the numerous shitcoins that claimed to be forks of Bitcoin.  Well you may get one or two persons to fund your dreams but I don't see any need for such idea because you will end up not delivering anything that will come close to Bitcoin or replicate the ideas of Satoshi.

[coin-investor]

Who ever wants to help me come up with a whitepaper is gladly welcomed to join.

I don't think you can recruit people the way you configured your post. You may have a good idea, but if I will get an eyesore reading your explanation about your idea, I'll prefer just to leave or ignore it.
A good idea or concept should be communicated in a way that people will understand, but if you cannot configure your posts properly, why not create a video explainer? Communication is king in any idea; it converts to followers and believers.

[Dogedegen]

What is the purpose of this project other than cheat other people? I don't think this idea is going to go anywhere

The idea is to start Bitcoin at the last 4 years of its completion. That would make the block reward 1 Satoshi. That would be .00000001 every 10 minutes. Looks like that would be around $450 a month if Bitcoin were a million dollars each coin. We could all keep Bitcoin wallets and stack them with Satoshis holding on or I might have to do it myself. It needs to add up to at least $450 dollars a month total combined. Like paying rent I suppose but you keep the keys to your wallet. Would be crazy if we could trust each other with the private keys but that would be a bad idea because you never know who's a fraud. But I'm trying to build a list of members the. We can move from there and try to get it launched. Would have to premine the other coins and keep them in a trust account maybe with the Altquick guys.

No, it is a fork and the value generated initially would be $0 per day and $0 per month. The value of your fork has nothing to do with the value of Bitcoin.

[markm]

What is meant / intended does seem very unclear.

But in some ways it seems like maybe a feeling of one's way toward the treasury-based asset idea...

...But with a distributed treasury, as in each user places into a treasury ("bitcoin wallet") of their own one real bitcoin satoshi per satoshi-token they sell, to ensure the token (or even coin, as the original post is talking about using a coin rather than a token, which opens up the whole problem of Proof of Work being an exceedingly expensive way of securing a coin) is definitely worth at least one real bitcoin satoshi per unit.

One very simple way to experiment with such an idea could be to simply place a buy offer offering to buy at one satoshi as many of the thing as you manage to sell, since in the long long long run, which is to say when/if the coin or token is dissolved releasing its treasury onto the market, it will ultimately anyway become the actual offers sitting on the buy-side that will provide the value of the thing.

If you can manage to keep the highest buy offer at one satoshi or higher at least somewhat consistently, maybe you are on to something...

I am dubious though that relying upon multiple unknown persons or entities to hold the treasury is viable unless you are not adding them all up to arrive at the total value of the treasury but rather considering them to be alternative treasuries any one of which ought to be able to provide the assurance that the total value of the treasury divided by the total number minted equals one satoshi or more.

That in turn harks back to the possibly somewhat tongue-in-cheek "Texan Bucks" proposal which did not however involve the multiple redundant treasuries being held by "unknowns"...


-MarkM-

[chainganginc]

What is the purpose of this project other than cheat other people? I don't think this idea is going to go anywhere

The idea is to start Bitcoin at the last 4 years of its completion. That would make the block reward 1 Satoshi. That would be .00000001 every 10 minutes. Looks like that would be around $450 a month if Bitcoin were a million dollars each coin. We could all keep Bitcoin wallets and stack them with Satoshis holding on or I might have to do it myself. It needs to add up to at least $450 dollars a month total combined. Like paying rent I suppose but you keep the keys to your wallet. Would be crazy if we could trust each other with the private keys but that would be a bad idea because you never know who's a fraud. But I'm trying to build a list of members the. We can move from there and try to get it launched. Would have to premine the other coins and keep them in a trust account maybe with the Altquick guys.

No, it is a fork and the value generated initially would be $0 per day and $0 per month. The value of your fork has nothing to do with the value of Bitcoin.

It doesn't but it can help the ecosystem if the foundation is built correctly. Bitcoin is the God crypto meaning it is the most high. Competing with Bitcoin would be like trying to fight the sun if not it's going to be eventually. Ethereum is might be like the air and land of the Bitcoin Solar system. There was so much premine for ethereum. You have to fight the 51% attack after Bitcoin got profitable it's like a money grab with the altcoins. Most altcoins are money grabs because they have no use case.

How can we make something like Bitcoin but with more public use case. Bitcoin Cash tried but it is not looking too good. XRP is trying to get with the banks and institutions. Bitcoin in order to reach it's goal more money must come into it. The consumers are not doing enough it will have to be the billionaires and government. Maybe the people will start buying but $10 in Bitcoin will not be enough the fees will hurt the transactions.

What is the solution to the problem? Less than 1% controls most of the Bitcoin. Bitcoin is genius but people failed to get in early. It almost like it's being high jacked. Something has to hold it down at the bottom for people who are not bullshitting no more. The guy working at McDonald's could have helped the ecosystem of Bitcoin if he got in early but nobody took it serious. Now that America is trying to pass laws not it's crazy. The USA are like the commissioners of the world isn't the dollar the leading world currency?

Do you know that the Federal reserve have some sort of Blockchain called FEDNow? 

[chainganginc]

Your proposal is probably to create another shitcoin probably to enrich yourself and your friends, just like the numerous shitcoins that claimed to be forks of Bitcoin.  Well you may get one or two persons to fund your dreams but I don't see any need for such idea because you will end up not delivering anything that will come close to Bitcoin or replicate the ideas of Satoshi.

Well I feel your position. I would like solutions to this idea of putting a trust Treasury system of Bitcoin Veterans to hold and not move anything. Only to the faucets spread out. It's not about me because I'm nobody talk real. It's the idea and will the core hold because it will be a war. Hal Finney was no joke that's the problem most people are jokes like they will not die for anything.
Hal Finney, Anderson and other early devs were unselfish. They trusted people and could be trusted. Too much money involved now.

There all can be considered memes outside of Bitcoin.  XRP might be the only one that is no joke. Didn't they just apply to become a bank the ripple guys? That's no joke with the battle of the court system.

[chainganginc]

Who can I trust in here to hold a certain amount of the premine? I'm looking for a trust maybe 12 members. Would be crazy if I can find them and get the project rolling.

[uneng]

There is only one Bitcoin currency and there will always be. Attempts to overcome Bitcoin were made through Bitcoin Cash, Bitcoin Gold, Bitcoin SV and so on... After all, every single one failed miserably.

If someone wants to invest in BTC, then buy BTC. There isn't a shortcut to that. The early times are gone, and current investors have to accept this fact. Instead of trying to reproduce the same opportunities of the past, why not looking into new opportunities the future may bring to them?

To launch a time machine in order to buy Bitcoin in the past looks a more reasonable and feasible alternative than OP's proposal...

[chainganginc]

What is meant / intended does seem very unclear.

But in some ways it seems like maybe a feeling of one's way toward the treasury-based asset idea...

...But with a distributed treasury, as in each user places into a treasury ("bitcoin wallet") of their own one real bitcoin satoshi per satoshi-token they sell, to ensure the token (or even coin, as the original post is talking about using a coin rather than a token, which opens up the whole problem of Proof of Work being an exceedingly expensive way of securing a coin) is definitely worth at least one real bitcoin satoshi per unit.

One very simple way to experiment with such an idea could be to simply place a buy offer offering to buy at one satoshi as many of the thing as you manage to sell, since in the long long long run, which is to say when/if the coin or token is dissolved releasing its treasury onto the market, it will ultimately anyway become the actual offers sitting on the buy-side that will provide the value of the thing.

If you can manage to keep the highest buy offer at one satoshi or higher at least somewhat consistently, maybe you are on to something...

I am dubious though that relying upon multiple unknown persons or entities to hold the treasury is viable unless you are not adding them all up to arrive at the total value of the treasury but rather considering them to be alternative treasuries any one of which ought to be able to provide the assurance that the total value of the treasury divided by the total number minted equals one satoshi or more.

That in turn harks back to the possibly somewhat tongue-in-cheek "Texan Bucks" proposal which did not however involve the multiple redundant treasuries being held by "unknowns"...


-MarkM-

What would be the amount needed to be divided for 12 holders? I would have to have a amount to distribute through a game. Would like to create a webgl game and a mobile game. The gaming could help I can have 20 percent with treasury 20 percent into games and 60 percent into faucets. None into the exchanges. People will have to go get it as well as me it would help a fair start so there are no excuses the mining would not be where the power lies it would be the bounty.

A faucet with a mining algorithm would be great would have to think of new terms for things because it is not the traditional mining. Have to mine for 10 minutes to get a reward people would be able to mine from phones.

[Dogedegen]

How can we make something like Bitcoin but with more public use case. Bitcoin Cash tried but it is not looking too good. XRP is trying to get with the banks and institutions. Bitcoin in order to reach it's goal more money must come into it. The consumers are not doing enough it will have to be the billionaires and government. Maybe the people will start buying but $10 in Bitcoin will not be enough the fees will hurt the transactions.

Who says that we need something like that? Who says that people want that? You are just inventing things up. People are not interested in this thing.

What is the solution to the problem? Less than 1% controls most of the Bitcoin. Bitcoin is genius but people failed to get in early. It almost like it's being high jacked. Something has to hold it down at the bottom for people who are not bullshitting no more. The guy working at McDonald's could have helped the ecosystem of Bitcoin if he got in early but nobody took it serious. Now that America is trying to pass laws not it's crazy. The USA are like the commissioners of the world isn't the dollar the leading world currency?

First this is not true, second this is not a problem. Nobody forced people to look away for a whole decade. It was their choice, this is the natural evolution. Bitcoin is the only fairly launched coin, no other coin can repeat this.

Do you know that the Federal reserve have some sort of Blockchain called FEDNow? 

I don't care, it is useless compared to a database.

[markm]

If you want it decentralised you need not specify any particular number of people, you can just let people do it or not, as they choose.

Anyone can trivially create an IOU on for example the Stellar platform, which is basically like Ripple except that it didn't go all "big brother" removing non-custodial wallet capability and so on, staying truer to the original Ripple (whose name and idea the XRP corp bought) as a platform individuals can use to track their individual / personal / corporate / whatever IOUs, specify how many of whose they choose to trust, and trade them make offers to buy and sell any of them using any other of them and so on.

So any number of individuals or groups or corporations or governments can at will issue bitcoin IOUs, anyone can choose to trust any of them for any number of them and so on.

Uber-issuers can emerge, for example if vast numbers of accounts offer to buy one particular issuer's bitcoin-IOUs for one or more of the ones they themselves issue, ones can arise that vast numbers of the others happen to be offering to redeem for one of their own, and at the same time any of them can have in place offers offering to buy it for Stellar Lumens (XLM) or for any of the IOUs aka tokens on the platform, at any price they choose to offer.

Over time it will become apparent which if any of the issuers of IOUs have large amounts of "hard" currency such as actual XLM "backing" them, and meanwhile also of course it will eventually become more and more important to ensure that various large reputable venues also show buy offers, denominated in real bitcoins, offering to buy XLM so that the XLM on the Stellar platform that is offering to buy various bitcoin-IOUs (bitcoin tokens, wrapped bitcoins, bitycoin balances, whatever you like to call such IOUs) is perceived as having real value in real bitcoins on the real bitcoin blockchain, depending of course on how much you trust the various venues that claim the bitcoin balances (IOUs) they are showing as being offered for XLM really correspond to real bitcoins on the real bitcoin blockchain.

And of course that the XLM balances they show also correspond to real XLMs on the real Stellar blockchain.

So basically just set up your own contributions using your own IOUs and encourage others to do similarly and over time if enough folk go along with the idea then sure enough tokens representing bitcoins or fractions thereof will emerge as having value...


-MarkM-

Note: Reference to XLM as hard basically just means relative to a given blockchain its native currency is the "hard" one on that platform.

[chainganginc]

How can we make something like Bitcoin but with more public use case. Bitcoin Cash tried but it is not looking too good. XRP is trying to get with the banks and institutions. Bitcoin in order to reach it's goal more money must come into it. The consumers are not doing enough it will have to be the billionaires and government. Maybe the people will start buying but $10 in Bitcoin will not be enough the fees will hurt the transactions.

Who says that we need something like that? Who says that people want that? You are just inventing things up. People are not interested in this thing.

What is the solution to the problem? Less than 1% controls most of the Bitcoin. Bitcoin is genius but people failed to get in early. It almost like it's being high jacked. Something has to hold it down at the bottom for people who are not bullshitting no more. The guy working at McDonald's could have helped the ecosystem of Bitcoin if he got in early but nobody took it serious. Now that America is trying to pass laws not it's crazy. The USA are like the commissioners of the world isn't the dollar the leading world currency?

First this is not true, second this is not a problem. Nobody forced people to look away for a whole decade. It was their choice, this is the natural evolution. Bitcoin is the only fairly launched coin, no other coin can repeat this.

Do you know that the Federal reserve have some sort of Blockchain called FEDNow? 

I don't care, it is useless compared to a database.

Trying to get people to buy Bitcoin and hold but use something else. Basically being your own bank using your Bitcoin as a backing to this other. That can be possible for the beginning foundation but as things grow greed and fake people pop.up. but as long as the foundation holds it can work. This would work better for new comers or old people who neglected like you said nobody forced them to look away. I bet they looking now cuz now America top guy is pushing the cryptocurrency ecosystem.

Nobody is forcing early Bitcoin investors to hold these new coins or tokens. I know a some of them have been very profitable and could have bought more Bitcoin for them. Looks like that's happening people are dropping altcoins and buying Bitcoin. Like you said  nobody forced you to look away. If you don't want anything to do with it then don't buy it. I'm not asking nobody to buy it. If its good it will show and prove over time. This is long term but I aspect no bullshit from the start.

Like Bitcoin needs help to grow bigger. The fake will fall off or try to trick people. I think this can be a great thing but it has to prove. Talk is cheap who can I trust?  That's why I have a game idea that can create a bounty on the new coin. At the same time have some fun while collecting. It's an experiment that needs a strong foundation. I need to show people like Hal Finney and Satoshi did. I think they see Bitcoin now.

[markm]

Now it kind of sounds like you are talking about any number of existing coins, so no need to come up with yet another one if you are sincere.

Especially not one that from the sound of it you are thinking of having its own Proof of Work blockchain.

IXCoin and I0Coin each have their own Proof of Work blockchain but they are merged-mined alongside bitcoin which makes the expense of using Proof of Work easier to cope with, plus also both of them are pretty much at the end of their "halvings" so don't have a large amount of block-reward every block as sell pressure trying to drive the price down.

IXCoin was designed, like your idea seems somewhat to be, toward examining what bitcoin might be facing when its halvings progress to a point where there is much less block-reward than is presently the case.

I0Coin is largely a zero-premine response to the fact that IXCoin had a premine. It only emits a small fraction of a coin per block as block reward already.

With IXCoin it eventually worried enough people that no block reward might discourage folk from mining, even with merged mining, that a solution was come up with involving collecting as many IXCoin had been pre-mined and putting that amount into an optional-to-donate-to fund that as long as it had any IXCoin left in it would be doled out from at one coin per block as a block-reward, so that anyone convinced that having no block reward would ruin the coin could choose to donate to that fund to continue motivating mining with a block-reward.

Both coins have been around a huge huge amount of time so have had well over a decade to get fairly distributed to the extent anyone who actually desired could easily own a fair number of them, and furthermore both are dirt cheap right now, even compared to their calculated value calculated from their Galactic Milieu treasuries by dividing the total calculated value of the treasury by the number of the coin issued. (Which in turn is likely not how many actually remain in wallets anyone still has the keys for, as who knows how many might be in lost-keys wallets after well over a decade?)

So if you are sincere I commend both to your attention as they seem to address everything at all clear about your proposal other perhaps than if your proposal isn't really about what you say it is about but really is just another lame excuse to try for yet another money-grab...


-MarkM-

[chainganginc]

If you want it decentralised you need not specify any particular number of people, you can just let people do it or not, as they choose.

Anyone can trivially create an IOU on for example the Stellar platform, which is basically like Ripple except that it didn't go all "big brother" removing non-custodial wallet capability and so on, staying truer to the original Ripple (whose name and idea the XRP corp bought) as a platform individuals can use to track their individual / personal / corporate / whatever IOUs, specify how many of whose they choose to trust, and trade them make offers to buy and sell any of them using any other of them and so on.

So any number of individuals or groups or corporations or governments can at will issue bitcoin IOUs, anyone can choose to trust any of them for any number of them and so on.

Uber-issuers can emerge, for example if vast numbers of accounts offer to buy one particular issuer's bitcoin-IOUs for one or more of the ones they themselves issue, ones can arise that vast numbers of the others happen to be offering to redeem for one of their own, and at the same time any of them can have in place offers offering to buy it for Stellar Lumens (XLM) or for any of the IOUs aka tokens on the platform, at any price they choose to offer.

Over time it will become apparent which if any of the issuers of IOUs have large amounts of "hard" currency such as actual XLM "backing" them, and meanwhile also of course it will eventually become more and more important to ensure that various large reputable venues also show buy offers, denominated in real bitcoins, offering to buy XLM so that the XLM on the Stellar platform that is offering to buy various bitcoin-IOUs (bitcoin tokens, wrapped bitcoins, bitycoin balances, whatever you like to call such IOUs) is perceived as having real value in real bitcoins on the real bitcoin blockchain, depending of course on how much you trust the various venues that claim the bitcoin balances (IOUs) they are showing as being offered for XLM really correspond to real bitcoins on the real bitcoin blockchain.

And of course that the XLM balances they show also correspond to real XLMs on the real Stellar blockchain.

So basically just set up your own contributions using your own IOUs and encourage others to do similarly and over time if enough folk go along with the idea then sure enough tokens representing bitcoins or fractions thereof will emerge as having value...


-MarkM-

Note: Reference to XLM as hard basically just means relative to a given blockchain its native currency is the "hard" one on that platform.

Need to have a log though of who is moving the trust. Because we all see what's going on no hiding allowed.  I don't like to call them IOUs but you can because the coin has its own chain and it is not pegged to Bitcoin. If someone with e skills can peg it to Bitcoin price then that's great. But if not it will grow on its own. I don't trust outsiders because there is malicious minded people. Need to lock out on the begining and build it up.

I think bitcointalk could be a registering point of membership to "Satoshi Mafia Core". Going to need people to keep there word on here so we can see who can you trust. For example if I send coins to a trustee then they move them without reporting the recruit then we can identify the problem. Start removing members from the trust. Start with a little at a time no rush.

I'll put up another post to recruit trustees to hold this premine. I think it should be no more than 20 percent. The rest goes in the game and the faucets. Over 4 years it can be fully dispeared to the faucets.  Can drip out 50 coins every 10 minutes the start then be deciled. Meaning divided by 10 every year.

[chainganginc]

Now it kind of sounds like you are talking about any number of existing coins, so no need to come up with yet another one if you are sincere.

Especially not one that from the sound of it you are thinking of having its own Proof of Work blockchain.

IXCoin and I0Coin each have their own Proof of Work blockchain but they are merged-mined alongside bitcoin which makes the expense of using Proof of Work easier to cope with, plus also both of them are pretty much at the end of their "halvings" so don't have a large amount of block-reward every block as sell pressure trying to drive the price down.

IXCoin was designed, like your idea seems somewhat to be, toward examining what bitcoin might be facing when its halvings progress to a point where there is much less block-reward than is presently the case.

I0Coin is largely a zero-premine response to the fact that IXCoin had a premine. It only emits a small fraction of a coin per block as block reward already.

With IXCoin it eventually worried enough people that no block reward might discourage folk from mining, even with merged mining, that a solution was come up with involving collecting as many IXCoin had been pre-mined and putting that amount into an optional-to-donate-to fund that as long as it had any IXCoin left in it would be doled out from at one coin per block as a block-reward, so that anyone convinced that having no block reward would ruin the coin could choose to donate to that fund to continue motivating mining with a block-reward.

Both coins have been around a huge huge amount of time so have had well over a decade to get fairly distributed to the extent anyone who actually desired could easily own a fair number of them, and furthermore both are dirt cheap right now, even compared to their calculated value calculated from their Galactic Milieu treasuries by dividing the total calculated value of the treasury by the number of the coin issued. (Which in turn is likely not how many actually remain in wallets anyone still has the keys for, as who knows how many might be in lost-keys wallets after well over a decade?)

So if you are sincere I commend both to your attention as they seem to address everything at all clear about your proposal other perhaps than if your proposal isn't really about what you say it is about but really is just another lame excuse to try for yet another money-grab...


-MarkM-

I checked out both coins and I like what I see but I'm mainly interested in the merge mining. That might be a good idea to tie it in with the Bitcoin code.  I sent the GitHub to a dev I've worked with in the past. I will probably use one but I'm not 100 percent sure. Which one do you like better?

[markm]

IXCoin has alwys been much more popular but I think I0Coin is technically better so although I prefer I0Coin I keep finding IXCoin is so much more active.

Maybe though just because so far there is not a specific faction or clan or guild or Civilisation etc in the game yet whose currency I0Coin "is".

Maybe Ionians if FreeCiv supports those, or if it doesn't maybe Greeks as I think Ionians are somewhat related to Greeks?

Haven't really looked it up yet maybe it is getting to be time that I did...

You mention using games and even using them as forms of airdrop or faucet, maybe you should fire yourself up a Crossfire-RPG client and tell it to connect to Server1.Knotwork.net and check out what the Galactic Milieu already has set up along those lines?

Also bear in mind that IXCoin and I0Coin are not the only "treasury-based assets", so that each is not alone, each can have the others in its treasury so they all have incentive to co-operate to uphold the value of all of them and all have incentive to buy up cheap any of the others that they notice can be obtained anywhere for less than its calculated value, as the value calculated from treasury derives from the values calculated for each thing in the treasury based on its own treasury, so a gain to one becomes a gain to all and a decline of one becomes a decline of all.

So they are all stabilised by the others and the gains and losses kind of averaged across them but in proportion to how many of which of the others each one chooses for its own treasury. So by their choices of what to put in their treasury they can put themselves closer to or farther away from whichever ones the gains or losses originate in, and choose to hold less maybe of the ones that still mint a lot of new units, hold more of the finance Corps that benefit directly from interest on secured loans and so on and so on.

They are not alone, they all have good reasons to work toward the benefit of all of them.

See https://MakeMoney.Knotwork.com/horizon/assets/ and https://MakeMoney.Knotwork.com/stellar/

Also for tables and charts of current and historical values see https://galaxies.mygamesonline.org/digitalisassets.html


-MarkM-

Edit: Can't remember exactly, was it Io of which in Arthur C Clarke's 2001 etc series humanity is told "attempt no landings there" Or was Io one of the ones it said are for us?