I'd like to see some of it used to further the spread and uptake of nem.
what about 10,000nm issued to university economics and computer depts for free for modelling and applications studies?
App devs too?
obviously, a 'bluemeanie' situation would have to be avoided, but if there is a fund of nem left at the end of the redemption process, putting some of it into the hands of people who could open up the use and uptake should certainly be considered?
What about the big players? How would one get a 'Nem' tab next to 'Paypal' on ebay or amazon?
What about contacting famous people disenchanted with the present system like Russell Brand for example. Also other disruptive organisations as well as student organisations all over the world?
What about contacting famous people disenchanted with the present system like Russell Brand for example. Also other disruptive organisations as well as student organisations all over the world?
I would propose keeping well clear of Russel Brand - Any affiliation with that comedian is going to end in a tainted reputation. He's an individual with naive political views and uses his crude "humor" to get his point across. He's headed down a slope ( I could give you a nice list of articles that smear Russel and with equally as many comments on it that do the same) A quick view of his own youtube channel pretty much confirms the same.
the UK is becoming quite a divided nation (That the EU is predictably orchestrating - divide and conquer), and i admit, i'm apart of the crowd who dislike what they see from a left-wing media and BBC - something that people like Russel are content to peddle. They do (or did) once get a nice paycheck from the BBC - who got theirs from the taxpayer (Tv licence) and [url=http://www.telegraph.co.uk/culture/tvandradio/bbc/9055183/BBC-admits-receiving-millions-in-grants-from-EU-and-councils.html]The EU.
In a nutshell, this is a can of worms NEM really wants to avoid. Avoid like the plague.
What about contacting famous people disenchanted with the present system like Russell Brand for example. Also other disruptive organisations as well as student organisations all over the world?
I would propose keeping well clear of Russel Brand - Any affiliation with that comedian is going to end in a tainted reputation. He's an individual with naive political views and uses his crude "humor" to get his point across. He's headed down a slope ( I could give you a nice list of articles that smear Russel and with equally as many comments on it that do the same) A quick view of his own youtube channel pretty much confirms the same.
the UK is becoming quite a divided nation (That the EU is predictably orchestrating - divide and conquer), and i admit, i'm apart of the crowd who dislike what they see from a left-wing media and BBC - something that people like Russel are content to peddle. They do (or did) once get a nice paycheck from the BBC - who got theirs from the taxpayer (Tv licence) and [url=http://www.telegraph.co.uk/culture/tvandradio/bbc/9055183/BBC-admits-receiving-millions-in-grants-from-EU-and-councils.html]The EU.
In a nutshell, this is a can of worms NEM really wants to avoid. Avoid like the plague.
Well, NEM is what it is. If a famous person like Russell Brand OR OTHERS promote it then it will definately get more publicity and adoption. At the moment nobody knows what Nem is other than crypto enthusiasts. I have found myself agreeing with a lot of what he says, (although not everything)hes the only one Ive heard who recognises the fact that that we will have to work together ( physical rescource wise)at a local level in future as energy costs spiral.
Hes not stupid because who else on western TV can get away with what he says about the establishment. He cleverly uses his fame.
My point is not to ' definately' use him in particular.....but if we could just get a publicly outspoken famous character to show off the benefits of NEM then that would help our mission greatly.
What about contacting famous people disenchanted with the present system like Russell Brand for example. Also other disruptive organisations as well as student organisations all over the world?
I would propose keeping well clear of Russel Brand - Any affiliation with that comedian is going to end in a tainted reputation. He's an individual with naive political views and uses his crude "humor" to get his point across. He's headed down a slope ( I could give you a nice list of articles that smear Russel and with equally as many comments on it that do the same) A quick view of his own youtube channel pretty much confirms the same.
the UK is becoming quite a divided nation (That the EU is predictably orchestrating - divide and conquer), and i admit, i'm apart of the crowd who dislike what they see from a left-wing media and BBC - something that people like Russel are content to peddle. They do (or did) once get a nice paycheck from the BBC - who got theirs from the taxpayer (Tv licence) and [url=http://www.telegraph.co.uk/culture/tvandradio/bbc/9055183/BBC-admits-receiving-millions-in-grants-from-EU-and-councils.html]The EU.
In a nutshell, this is a can of worms NEM really wants to avoid. Avoid like the plague.
Agreed, he's an asshole and a moron. He just jumps on these bandwagons to bolster his own public image amongst an equally foolish public. Besides i doubt he knows jack about ryptocurrency and if he supports any it will be bitcoin because it means he has to do the least amount of reading in order to make himself look 'cool'
What about contacting famous people disenchanted with the present system like Russell Brand for example. Also other disruptive organisations as well as student organisations all over the world?
I would propose keeping well clear of Russel Brand - Any affiliation with that comedian is going to end in a tainted reputation. He's an individual with naive political views and uses his crude "humor" to get his point across. He's headed down a slope ( I could give you a nice list of articles that smear Russel and with equally as many comments on it that do the same) A quick view of his own youtube channel pretty much confirms the same.
the UK is becoming quite a divided nation (That the EU is predictably orchestrating - divide and conquer), and i admit, i'm apart of the crowd who dislike what they see from a left-wing media and BBC - something that people like Russel are content to peddle. They do (or did) once get a nice paycheck from the BBC - who got theirs from the taxpayer (Tv licence) and [url=http://www.telegraph.co.uk/culture/tvandradio/bbc/9055183/BBC-admits-receiving-millions-in-grants-from-EU-and-councils.html]The EU.
In a nutshell, this is a can of worms NEM really wants to avoid. Avoid like the plague.
Agreed, he's an asshole and a moron. He just jumps on these bandwagons to bolster his own public image amongst an equally foolish public. Besides i doubt he knows jack about ryptocurrency and if he supports any it will be bitcoin because it means he has to do the least amount of reading in order to make himself look 'cool'
I find him entertaining....I also wouldnt write him off so quick, his audience is HUGE ...the question is always put to him by mainstream economist hosts ,what would he do?..... if he learnt about NEM then he may have an answer for them.
Anyway, if plenty of outspoken famous people with big audiences had a good opinion of NEM then its success would come sooner rather than later.
Once we are launched we can consider viral advertising. At least in American culture radio hosts often have huge sway and even off the radio tend to be very social.
This is where NEMsters could cold email or cold call every morning show radio host in their city and inform them about NEM.
This is where the call for participation comes in. No alternate is going to prosper just from poaching the Bitcoin userbase which only stands at 500K-2M users. The prosperity comes when we have 100+ million users in this technology and as far as I tell Bitcoin isn't bringing us there as nobody is brainstorming userbase expansion and it has some bad PR.
Once we are launched we can consider viral advertising. At least in American culture radio hosts often have huge sway and even off the radio tend to be very social.
This is where NEMsters could cold email or cold call every morning show radio host in their city and inform them about NEM.
This is where the call for participation comes in. No alternate is going to prosper just from poaching the Bitcoin userbase which only stands at 500K-2M users. The prosperity comes when we have 100+ million users in this technology and as far as I tell Bitcoin isn't bringing us there as nobody is brainstorming userbase expansion and it has some bad PR.
I completely agree. Could be an idea to get as many people as possible to post somewhere on this forum organisations ..etc ...that they have contacted ,promoting NEM.
Maybe a wee prize to the guy who contacted the most places.
Actually, this is where having such a big stakeholder community is really going to come in useful.
I suggest if you want any UK exposure, it would make more sense to appeal to influential people who don't have a left wing bias/agenda and who are fully aware of the federal reserve and the current state of the economy as a result of it.
As i've said before in other threads; people often use the current monetary crisis to peddle a political agenda, and right now (despite most of the british public being unaware of it) there is a marxist agenda at work on our nation that I know the EU has some involvement in. After all, make countries "fail" economically just so they move to your "euro" project = profit. Seeing as many in the EU parliament have some connection to marxism and communism, it's as clear as day what is going on.
I would be extremely careful who you associate yourself with in this environment, because the very people who are aware (and likely against) whats going on are also probably going to be the main users who use NEM. What i'm saying here is pretty much echo'ing what i said in an earlier thread:
https://forum.ournem.com/index.php?topic=2617.msg8224#msg8224
Amidst all these great discussions, I still think that at the end of the day we need to have a solid system that works well before we take the world. Right now we don't have it just yet. It can only happen when V1 is completed.
I will strongly suggest that we continue to use the money to develop products alongside V1.
Edit:
While we at are this, I would like to make a proposal. Although I am part of the NEM marketing team, I am not part of the core decision making team. Hence I am clear that I am not in conflict of interest here.
May I propose a possible solution to the sock fund? We have a few issues here. One is the issue of the community wanting to get a piece of the spoils. The other is the concern that if the stakes are kept, there is centralized control. Third, there is the issue of having to develop solutions to make NEM better. Fourth there is AltNemo seeking funding from a crowdsale exercise.
One suggestion is:
Buy silver rounds from AltNemo so that AltNemo gets funded, distribute these coins to the community, 1 Silver each. Less than 0.5 get 1 less, =>0.5 get 1 more. The balance of stakes will be used for incentivizing nodes. Each node that is live, gets rewarded from this fund. A payout formula needs to be worked out.
By doing this we would have created a solution for spoil distribution, NEM nodes perpetuated ( but not forever of course, but good enough to seed perpetuation), no centralized control of fund and AltNemo gets to develop and complete its ecosystem project builds and therefore enhance the NEM platform.
We will have 2 minor issues though. One is, AltNemo will have quite a substantial amount of stakes and to release them in the market to fund its projects, they may shake the market. The undertaking is that AltNemo will exercise prudence.
Two is, some people cannot receive these silvers because of import restrictions. The best way to go around this is to create a silver AE in the NEM AE with each entitlement being issued one colored coin. If the colored coin is sent to a designated account with an encrypted message for delivery details, then the person will be able to redeem it and the silver gets sent to the person. Otherwise, for those who cannot redeem because of restrictions, they can trade them off for NEM instead.
I hope this is a good value proposition for a win-win situation for everyone.
Rockethead's proposal seems to be a good compromise between the desire to use stakes taken from socks to develop the NEM ecosystem and the current stakeholders' desire to use these stakes for their own benefit.
However, there seem to be some details that are somewhat missing, so I would maybe outline the following for such a proposal:
[li]Every stakeholder who is on the stakeholder list or bought NEMstake assets on the NXT AE will get a free silver coin. 1 stake, 1 coin.[/li]
[li]Not just coins, but also "special privileges" in NEM should be given to each stake holder.[/li]
[li]If stakes are fractional (e.g., 0.3), the stakeholders will get a fractional asset, tradable on the NEM asset exchange (e.g., 0.3 NEMsilver). They could then just sell this on the market.[/li]
[li]Dev/marketing stakes will be excluded[/li]
[li]If anyone lives in a place that cannot receive silver in the mail or they don't want to give out their address, they will receive a NEMsilver asset on the NEM asset exchange that they can sell.[/li]
[li]AltNemo should have some limits imposed on the rate of selling the stakes for fiat, so as not to flood the market. This could be enforced via a multisig acct.[/li]
[li]At least 108 stakes from socks should be distributed to people running nodes on the NEM network. There is an internal proposal on how to do this using 108 stakes distributed over 3 years.[/li]
The advantages of a proposal like this are:
[li]NEM ecosystem can get pushed forward and this will benefit everyone.[/li]
[li]Every stakeholder will be given special privileges in AltNemo and also a free silver coin (with NEM cold wallet). The silver coin will create a tangible connection to NEM for people and I would argue this would make stake holders less eager to dump, given the tangible, emotional connection.[/li]
[li]Enough stakes will be given to reward anyone running a node on the network, for a period of several years.[/li]
[li]AltNemo will need to convert a majority of NEM to fiat to pay for the coins. If done responsibly, this will give liquidity to the market and further the distribution of NEM.[/li]
Rockethead's proposal seems to be a good compromise between the desire to use stakes taken from socks to develop the NEM ecosystem and the current stakeholders' desire to use these stakes for their own benefit.
However, there seem to be some details that are somewhat missing, so I would maybe outline the following for such a proposal:
[li]Every stakeholder who is on the stakeholder list or bought NEMstake assets on the NXT AE will get a free silver coin. 1 stake, 1 coin.[/li]
[li]Not just coins, but also "special privileges" in NEM should be given to each stake holder.[/li]
[li]If stakes are fractional (e.g., 0.3), the stakeholders will get a fractional asset, tradable on the NEM asset exchange (e.g., 0.3 NEMsilver). They could then just sell this on the market.[/li]
[li]Dev/marketing stakes will be excluded[/li]
[li]If anyone lives in a place that cannot receive silver in the mail or they don't want to give out their address, they will receive a NEMsilver asset on the NEM asset exchange that they can sell.[/li]
[li]AltNemo should have some limits imposed on the rate of selling the stakes for fiat, so as not to flood the market. This could be enforced via a multisig acct.[/li]
[li]At least 108 stakes from socks should be distributed to people running nodes on the NEM network. There is an internal proposal on how to do this using 108 stakes distributed over 3 years.[/li]
The advantages of a proposal like this are:
[li]NEM ecosystem can get pushed forward and this will benefit everyone.[/li]
[li]Every stakeholder will be given special privileges in AltNemo and also a free silver coin (with NEM cold wallet). The silver coin will create a tangible connection to NEM for people and I would argue this would make stake holders less eager to dump, given the tangible, emotional connection.[/li]
[li]Enough stakes will be given to reward anyone running a node on the network, for a period of several years.[/li]
[li]AltNemo will need to convert a majority of NEM to fiat to pay for the coins. If done responsibly, this will give liquidity to the market and further the distribution of NEM.[/li]
Seems fair enough. Will voting be live at launch? Would be nice to see the platform actually be utilized to decide these issues.
What about contacting famous people disenchanted with the present system like Russell Brand for example. Also other disruptive organisations as well as student organisations all over the world?
I would propose keeping well clear of Russel Brand - Any affiliation with that comedian is going to end in a tainted reputation. He's an individual with naive political views and uses his crude "humor" to get his point across. He's headed down a slope ( I could give you a nice list of articles that smear Russel and with equally as many comments on it that do the same) A quick view of his own youtube channel pretty much confirms the same.
the UK is becoming quite a divided nation (That the EU is predictably orchestrating - divide and conquer), and i admit, i'm apart of the crowd who dislike what they see from a left-wing media and BBC - something that people like Russel are content to peddle. They do (or did) once get a nice paycheck from the BBC - who got theirs from the taxpayer (Tv licence) and [url=http://www.telegraph.co.uk/culture/tvandradio/bbc/9055183/BBC-admits-receiving-millions-in-grants-from-EU-and-councils.html]The EU.
In a nutshell, this is a can of worms NEM really wants to avoid. Avoid like the plague.
Agreed, he's an asshole and a moron. He just jumps on these bandwagons to bolster his own public image amongst an equally foolish public. Besides i doubt he knows jack about ryptocurrency and if he supports any it will be bitcoin because it means he has to do the least amount of reading in order to make himself look 'cool'
I find him entertaining....I also wouldnt write him off so quick, his audience is HUGE ...the question is always put to him by mainstream economist hosts ,what would he do?..... if he learnt about NEM then he may have an answer for them.
Anyway, if plenty of outspoken famous people with big audiences had a good opinion of NEM then its success would come sooner rather than later.
Mainstream economists shouldn't care what he thinks. Why should we listen to a weird heroin addict with an epic underbite and a history of bullying old age pensioners. This is the problem with modern Britain, the way these kinds of liberal lovvies are taken seriously on any issue outside their remit just because the dumb masses worship them. He may be an average comedian, he may even be a great guy to ask where to score a gram of smack in camden, but asking him about the economy is a bit much.
He isn't really outspoken, everything he says is in line with the mainstream lefty agenda, the same agenda that the mainstream politicians all follow, which is why he gets so much exposure. He is bought and paid for a thousand times over.
I suggest if you want any UK exposure, it would make more sense to appeal to influential people who don't have a left wing bias/agenda and who are fully aware of the federal reserve and the current state of the economy as a result of it.
As i've said before in other threads; people often use the current monetary crisis to peddle a political agenda, and right now (despite most of the british public being unaware of it) there is a marxist agenda at work on our nation that I know the EU has some involvement in. After all, make countries "fail" economically just so they move to your "euro" project = profit. Seeing as many in the EU parliament have some connection to marxism and communism, it's as clear as day what is going on.
I would be extremely careful who you associate yourself with in this environment, because the very people who are aware (and likely against) whats going on are also probably going to be the main users who use NEM. What i'm saying here is pretty much echo'ing what i said in an earlier thread:
https://forum.ournem.com/index.php?topic=2617.msg8224#msg8224
Agree totally bro, glad you understand the current political situation, very few of us do. The problem with Britain is that the opposition, aside from very small think tanks are completely coopted. At least in the states there seems to be some groups that understand the situation.
Where I would disagree somewhat is on the EU, I used to be against them, but I now feel that the British government is so rotten to the core that it is actually only parameters imposed by Europe that is saving us from their utter insanity. God help us if we ever leave and they get full control. I guess that was part of the plan to make us feel that way, so i suppose i have given in to their plan by saying so, but the project has gone so far ahead now and britain is so corrupted I feel there's little choice.
Rockethead's proposal seems to be a good compromise between the desire to use stakes taken from socks to develop the NEM ecosystem and the current stakeholders' desire to use these stakes for their own benefit.
However, there seem to be some details that are somewhat missing, so I would maybe outline the following for such a proposal:
[li]Every stakeholder who is on the stakeholder list or bought NEMstake assets on the NXT AE will get a free silver coin. 1 stake, 1 coin.[/li]
[li]Not just coins, but also "special privileges" in NEM should be given to each stake holder.[/li]
[li]If stakes are fractional (e.g., 0.3), the stakeholders will get a fractional asset, tradable on the NEM asset exchange (e.g., 0.3 NEMsilver). They could then just sell this on the market.[/li]
[li]Dev/marketing stakes will be excluded[/li]
[li]If anyone lives in a place that cannot receive silver in the mail or they don't want to give out their address, they will receive a NEMsilver asset on the NEM asset exchange that they can sell.[/li]
[li]AltNemo should have some limits imposed on the rate of selling the stakes for fiat, so as not to flood the market. This could be enforced via a multisig acct.[/li]
[li]At least 108 stakes from socks should be distributed to people running nodes on the NEM network. There is an internal proposal on how to do this using 108 stakes distributed over 3 years.[/li]
The advantages of a proposal like this are:
[li]NEM ecosystem can get pushed forward and this will benefit everyone.[/li]
[li]Every stakeholder will be given special privileges in AltNemo and also a free silver coin (with NEM cold wallet). The silver coin will create a tangible connection to NEM for people and I would argue this would make stake holders less eager to dump, given the tangible, emotional connection.[/li]
[li]Enough stakes will be given to reward anyone running a node on the network, for a period of several years.[/li]
[li]AltNemo will need to convert a majority of NEM to fiat to pay for the coins. If done responsibly, this will give liquidity to the market and further the distribution of NEM.[/li]
This definitely one of the more well thought out and detailed proposals I have heard so far.
I think using the extra stakes to buy coins and then give those coins to the stakeholders will make a lot of stakeholders very happy.
I love the idea that NEM will have 3 years worth of support for Node runners. I really think that this could make a big difference.
I would like to hear about when multi-sig comes and how the account can be managed. I think it would be nice to have Rockethead and a dev on in control of funds and some others too (but not me!)
Maybe some votes by the community could be used as guidelines for which projects get funding in the future. That way AltNemo is a greater extension of the community.
I like the idea of original stakeholders with coins having special privileges. I am not sure exactly how that would work though if they sold their silver coin, or if they sold all their NEM. Maybe some kind of key that comes with the coin, a key that can be transferred upon selling of the coin.
I guess for me, it sounds like a pretty clean idea that the community can get behind and it creates a nice story. Especially if NEM takes off, these little "NEM commencement founders coins" will become quite the prized possession.
It is also just one more thing that would make NEM special and set us apart from the rest of the alt community. The more things that we can do like that, the better. Something like this has not ever been done before, ever, with any crypto.
It would probably cause a flood of scams that would say they were doing the same thing, but actually just take the money. In the long run, it would legitimize NEM more, as the one that started it, and actually did it.
Also, silver coins are just kind of cool too. Especially the 1oz 99.99 sliver ones. They are big, heavy, and shiny. I actually keep one at my desk and play with it while I read sometimes. I think if we got those out to the founders, they would be really quite impressed.
I like the idea of original stakeholders with coins having special privileges. I am not sure exactly how that would work though if they sold their silver coin, or if they sold all their NEM. Maybe some kind of key that comes with the coin, a key that can be transferred upon selling of the coin.
Yes, need to think through this. But the general spirit is there, which is more important. ;)
I suggest if you want any UK exposure, it would make more sense to appeal to influential people who don't have a left wing bias/agenda and who are fully aware of the federal reserve and the current state of the economy as a result of it.
As i've said before in other threads; people often use the current monetary crisis to peddle a political agenda, and right now (despite most of the british public being unaware of it) there is a marxist agenda at work on our nation that I know the EU has some involvement in. After all, make countries "fail" economically just so they move to your "euro" project = profit. Seeing as many in the EU parliament have some connection to marxism and communism, it's as clear as day what is going on.
I would be extremely careful who you associate yourself with in this environment, because the very people who are aware (and likely against) whats going on are also probably going to be the main users who use NEM. What i'm saying here is pretty much echo'ing what i said in an earlier thread:
https://forum.ournem.com/index.php?topic=2617.msg8224#msg8224
Agree totally bro, glad you understand the current political situation, very few of us do. The problem with Britain is that the opposition, aside from very small think tanks are completely coopted. At least in the states there seems to be some groups that understand the situation.
Where I would disagree somewhat is on the EU, I used to be against them, but I now feel that the British government is so rotten to the core that it is actually only parameters imposed by Europe that is saving us from their utter insanity. God help us if we ever leave and they get full control. I guess that was part of the plan to make us feel that way, so i suppose i have given in to their plan by saying so, but the project has gone so far ahead now and britain is so corrupted I feel there's little choice.
I'm glad you agree - it certainly is quite sad that people are so burdened by a left-wing outlook, it makes them blind to whats going on in front of our noses.
In many respects i think you're right regarding the EU - we have gone downhill so far, it's likely the legislation from the EU that's keeping things afloat. But all considered - this was premeditated, [url=https://www.youtube.com/watch?v=PjC6UhAM16Y]just as the uprising in the Ukraine was. Cause division and unrest amongst the people, then swoop in and show them a "solution" (ie: "It's ok people, follow our rules, and you'll be just fine..") -- Divide and conquer.
I know this sounds tin-foil hat, but this is exactly how the EU is expanding it's influence, [url=https://www.youtube.com/watch?v=3RjUJy7kDOM]and it will do it at any cost, and at anyones expense. The EU will never get my support. There are true liberals who are against this very thing (Nigel Farage - UK, Ron Paul - USA) - they are not the extreme left that you or I have such negative experiences with.
But back on topic; this is why sound money is so important, because when the lifeblood of a nation becomes tainted, so does that country, and thats precisely whats happened in the UK (and in the States). This is why crypto's exist ;)
I suggest if you want any UK exposure, it would make more sense to appeal to influential people who don't have a left wing bias/agenda and who are fully aware of the federal reserve and the current state of the economy as a result of it.
As i've said before in other threads; people often use the current monetary crisis to peddle a political agenda, and right now (despite most of the british public being unaware of it) there is a marxist agenda at work on our nation that I know the EU has some involvement in. After all, make countries "fail" economically just so they move to your "euro" project = profit. Seeing as many in the EU parliament have some connection to marxism and communism, it's as clear as day what is going on.
I would be extremely careful who you associate yourself with in this environment, because the very people who are aware (and likely against) whats going on are also probably going to be the main users who use NEM. What i'm saying here is pretty much echo'ing what i said in an earlier thread:
https://forum.ournem.com/index.php?topic=2617.msg8224#msg8224
Agree totally bro, glad you understand the current political situation, very few of us do. The problem with Britain is that the opposition, aside from very small think tanks are completely coopted. At least in the states there seems to be some groups that understand the situation.
Where I would disagree somewhat is on the EU, I used to be against them, but I now feel that the British government is so rotten to the core that it is actually only parameters imposed by Europe that is saving us from their utter insanity. God help us if we ever leave and they get full control. I guess that was part of the plan to make us feel that way, so i suppose i have given in to their plan by saying so, but the project has gone so far ahead now and britain is so corrupted I feel there's little choice.
I'm glad you agree - it certainly is quite sad that people are so burdened by a left-wing outlook, it makes them blind to whats going on in front of our noses.
In many respects i think you're right regarding the EU - we have gone downhill so far, it's likely the legislation from the EU that's keeping things afloat. But all considered - this was premeditated, [url=https://www.youtube.com/watch?v=PjC6UhAM16Y]just as the uprising in the Ukraine was. Cause division and unrest amongst the people, then swoop in and show them a "solution" (ie: "It's ok people, follow our rules, and you'll be just fine..") -- Divide and conquer.
I know this sounds tin-foil hat, but this is exactly how the EU is expanding it's influence, and it will do it at any cost, and at anyones expense. The EU will never get my support. There are true liberals who are against this very thing (Nigel Farage - UK, Ron Paul - USA) - they are not the extreme left that you or I have such negative experiences with.
But back on topic; this is why sound money is so important, because when the lifeblood of a nation becomes tainted, so does that country, and thats precisely whats happened in the UK (and in the States). This is why crypto's exist ;)
While you guys are at it, you may want to read this which is out of sync with our topic of discussion, but nevertheless, should be read - reflecting the sad state of affairs we are in.
http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106
A physical silver coin is worth say 0,1 btc but a stake is worth 2btc or more.
NEM has to be sold in large amounts to fund 1000+ coins and that will send the price down.
Stakeholders that did not sell till now are unlikely to immediatelly sell after launch.
Forcing stakeholder into investing in something is not a good thing.
The 75% should be distibuted to the stakeholders and the market will do the rest.
A physical silver coin is worth say 0,1 btc but a stake is worth 2btc or more.
NEM has to be sold in large amounts to fund 1000+ coins and that will send the price down.
Stakeholders that did not sell till now are unlikely to immediatelly sell after launch.
Forcing stakeholder into investing in something is not a good thing.
The 75% should be distibuted to the stakeholders and the market will do the rest.
The coins cost 0.1 NEMstake. Distributing them to 2000 people will give each 0.1 NEMstake worth (possibly worth much more in the future). Redistributing the 100 stakes to 2000 people will give each 0.05 NEMstake, so you would get half as much money and in addition you wouldn't help support the NEM ecosystem.