NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[EFFV]

Those following the NEM lifestyle might be interested in this book by Jeremy Rifkin.

The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism.

"Mr. Rifkin believes that the Collaborative Commons is a critical part of a bigger story unfolding around the world that
is going to fundamentally alter our global economy in the first half of the 21st century. He argues that a new economic
system-the Collaborative Commons-is entering on to the world stage. It is the first new economic paradigm to take root
since the advent of capitalism in the early nineteenth century. The meteoric rise of this new economic paradigm is coming
at a time when capitalism is under great scrutiny, with lower growth, rising unemployment and greater inequality.

In his book, Mr. Rifkin describes a transformative new technology revolution-the Internet of Things-that enables billions of
people to not only produce and share their music, videos, news, knowledge, and other virtual goods, but now also green
electricity, 3D printed products, and other physical goods at near zero marginal cost, and for nearly free, on a vast global
Collaborative Commons, bypassing the conventional marketplace. A younger generation is also beginning to share cars,
dwellings, clothes, and countless other items and services at low or near zero marginal cost on the burgeoning Collaborative
Commons, wreaking havoc on traditional industries and in the process, changing the very way we organize economic life."

"In The Zero Marginal Cost Society, New York Times bestselling author Jeremy Rifkin describes how the emerging Internet of
Things is speeding us to an era of nearly free goods and services, precipitating the meteoric rise of a global Collaborative
Commons and the eclipse of capitalism."

http://www.amazon.com/Zero-Marginal-Cost-Society-Collaborative/dp/1137278463/s=books&ie=UTF8&keywords=Zero-Marginal-Cost-Society-Collaborative

For the promotion of NEM, he is a good nominee to receive a NEM stake.

This seems like a very interesting read, however I would disagree that commons represent a "new economic paradigm". While I agree that commons will most definitely continue to grow and prosper with the rise of the internet and digital decentralization, I would also stand by the premise that commons and capitalism are not mutually exclusive. They actually work together! Free trade / capitalism are only mutually exclusive with force. You can not trade product "freely" if someone is coercing you to trade that product. (obviously) Similarly, commons are mutually exclusive with force. If someone declares that a common property is no longer "common" but private, then he is using force to commit theft against the people who claim to have shared ownership over that property.

Commons and capitalism both excel in different areas in society, and both apply under various economic laws relating to competition. Both aspects of society will compete, and without the use of force the best will excel. I would not be willing to call "commons" a separate paradigm, because both seem to apply to our current "model" called economics. The definition of paradigm being: "model that forms basis of something: an example that serves as a pattern or model for something, especially one that forms the basis of a methodology or theory".

Since both commons, and capitalism oppose force. I see a society coming to fruition where the need for governmental force could be lacking due to the rise of decentralization, crypto currencies, and the internet.

-EFFV

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[EFFV]

About that, I think we may have some good things to show later today.

Stay tuned. 

I have a feeling AE prices are about to explode, might be seeing 30-35k in the next few days. Just a feeling though!

I agree, soon we will see a big increase in price.

[nembit86]

hey guys, almost got the wallet going....its asking me for a node name to do a boot...im not an expert...what do i do?

[instacalm]

hey guys, almost got the wallet going....its asking me for a node name to do a boot...im not an expert...what do i do?

just name your node whatever you wish, e.g. nembit86, then boot and you're good to go

[nembit86]

hey guys, almost got the wallet going....its asking me for a node name to do a boot...im not an expert...what do i do?

just name your node whatever you wish, e.g. nembit86, then boot and you're good to go

cheers but got error 305

[nembit86]

hey guys, almost got the wallet going....its asking me for a node name to do a boot...im not an expert...what do i do?

just name your node whatever you wish, e.g. nembit86, then boot and you're good to go

cheers but got error 305

error 601 now.....

[nembit86]

hey guys, almost got the wallet going....its asking me for a node name to do a boot...im not an expert...what do i do?

just name your node whatever you wish, e.g. nembit86, then boot and you're good to go

cheers but got error 305

error 601 now.....

yet things seem ok.....i need someone to send me coins now but am i allowed to post account number here?

[instacalm]

am i allowed to post account number here?

Use your signature please

[nembit86]

am i allowed to post account number here?

Use your signature please

instacash, you couldnt be a pal could you and send me some coins ?....in my signature now

[BitZCoin]

instacash, you couldnt be a pal could you and send me some coins ?....in my signature now

Sent some, too

[instacalm]

am i allowed to post account number here?

Use your signature please

instacash, you couldnt be a pal could you and send me some coins ?....in my signature now

of course!

[nembit86]

instacash, you couldnt be a pal could you and send me some coins ?....in my signature now

Sent some, too

yeah.......fantastic....get them  100 000.......cheers bitzcoin....!!!!!!!!

[nembit86]

am i allowed to post account number here?

Use your signature please

instacash, you couldnt be a pal could you and send me some coins ?....in my signature now

of course!

CHEERS INSTACASH.....IM A NEMILLIONAIRE!!!!!!!!!!!

[BitZCoin]

am i allowed to post account number here?

Use your signature please

instacash, you couldnt be a pal could you and send me some coins ?....in my signature now

of course!

CHEERS INSTACASH.....IM A NEMILLIONAIRE!!!!!!!!!!!

Thanks instacash for sending me 1mio, too.
Will spread them out

[BitZCoin]

If anyone needs some, just reply

[nembit86]

someone just sent me 10000 coins.....cheers!!!!!

[nembit86]

someone just sent me 10000 coins.....cheers!!!!!

bloody hell....getting money from everywhere now...2x 20000......you guys are generous

[nembit86]

someone just sent me 10000 coins.....cheers!!!!!

bloody hell....getting money from everywhere now...2x 20000......you guys are generous

hope you guys keep this up after the release....lol....

[crimi]

Code:

Boot strapping not possible.
java.lang.IllegalStateException: Insufficient max threads in ThreadPool: max=10 < needed=14
at org.eclipse.jetty.server.Server.doStart(Server.java:321)
at org.eclipse.jetty.util.component.AbstractLifeCycle.start(AbstractLifeCycle.java:68)
at org.nem.ncc.NccMain.c(NccMain.java:322)
at org.nem.ncc.NccMain.cw(NccMain.java:238)
at org.nem.ncc.NccMain.main(NccMain.java:104)
at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
at sun.reflect.NativeMethodAccessorImpl.invoke(Unknown Source)
at sun.reflect.DelegatingMethodAccessorImpl.invoke(Unknown Source)
at java.lang.reflect.Method.invoke(Unknown Source)
at com.sun.javaws.Launcher.executeApplication(Unknown Source)
at com.sun.javaws.Launcher.executeMainClass(Unknown Source)
at com.sun.javaws.Launcher.doLaunchApp(Unknown Source)
at com.sun.javaws.Launcher.run(Unknown Source)
at java.lang.Thread.run(Unknown Source)
(org.nem.ncc.NccMain main)
01:41:28 INFORMATION NEM Jetty Bootstrapper shut down. (org.nem.ncc.NccMain main)

Still doesnt work for me?

[Rich1970]

The Internet of Things must be this years new buzz word, I am seeing it all the time. One day the NEM software will need to communicate with these IoT devices.
Thread will release their royalty-free protocol this year to anyone who joins the group.

Nest Nurtures New IoT Protocol
http://www.ebnonline.com/author.asp?doc_id=274080

Introducing Thread: A New Wireless Networking Protocol for the Home
http://www.threadgroup.org/2014_07_Press_Release.aspx

IoT Group Defines Comms Spec
http://www.ebnonline.com/author.asp?doc_id=274015

Open Interconnect Consortium
http://www.openinterconnect.org