https://www.youtube.com/watch?v=jw28y81s7Wo#t=76The link above is ("Andreas Antonopoulos on the Future Of Bitcoin" And alt-Coins.) From the Toronto Bitcoin Expo on October 30th.
If you have time the whole thing is really interesting. If not watch the last 8-10 Minutes of it.
I haven't watched the whole video yet, but I read the same type of ideas in a classic post called
How we crypto-geeks get it wrong & the reality of altcoin success.
IN SUMMARY: We crypto geeks have to get reality! To succeed longterm, a coin must address these issues:
1. Users only care about ease of use & security, they really don't care about our x1186SHAPOWPOS, inverted 3x algo
2. Recognize the two disparate economies of cryptocurrencies (Miners vs Users)
3. Solve how a coin gets into the real users wallets, not the miners/traders
4. Give the users something do with the coin
One of the things I like about Munne is that the founders realized they needed to reach a wider audience than just miners and traders. Actually, I hope they won't pay too much attention to Bitcointalk once the Munne Forum is up and running. This used to be the best place to discuss the pros and cons of altcoins, but all the scams have made people paranoid.
And of course the game is a nice way to give users 'something to do with the coin'.
Other things to do for nervous Nellies:
- Promote Munne on social media and other forums.
- Use it to buy things through
CoinPayments (I don't see Munne on CoinGateway yet).
- Ask a friend to download the wallet if you want to pay for a dinner, buy someone a present together or something like that.
- Try to sell stuff or services for Munne.
