I'd like to salute you @Tarek for all that you do. You help spread awareness and you are always in a positive spirit, I love it. I'm hopeful now that we are closing in on the end of the airdrop to tell you the truth, I know fora fact that the btx team are working tirelessly to achieve everything that they want to achieve and I trust them, Great group of guys that are really good at what they are doing 
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.Seconded. And keeping the positive spirit is the most important thing we can do as a community, especially considering the current state of the market.
Well... There is a fine line between FUD and criticism. The same could be said for positivity and over exuberance. Don't forget to distinguish which is which.
I don't believe that what you are doing in this thread should be considered as FUD, I can appreciate your honest view of things as I believe both sides of a story has to be heard before anyone makes up their mind.
Haha well my criticisms these days have not been directed at BTX in specific but rather the entire setup of crypto in general. I am working on something huge that if it works will save this space and then we can call check to the banks and governments. I am only writing about it here and on telegram because I can hardly contain my excitement.
Hmm.. Now you've got me intrigued, please do share more when the time has come.. I always like new and different ideas when it comes to crypto
.Ill share the simple concept rather than the mechanism or algorithm I will use. My idea was that the major issue, ironically of course, with crypto is that it is doomed to be deflationary in nature. Deflation is just as bad as inflation so my idea was to stabilize the supply in relation to demand for the currency. More demand will mean more inflation to offset that demand. Less demand will mean deflation to offset the decrease in demand. All this would be done via algorithm and of course there would be no supply cap. If it were to stabilize things within a 10% range then we would have the first true decentralized currency instead of decentralized assets. Remember that there is no incentive to spend something that will only ever go up in price in the future given ample demand of course. Only the outliers of society will use such a thing out of beliefs rather than incentives. The masses will not adopt something that is unstable in valuation. Bitcoin and every crypto thereafter is currently unable to ever stabilize price. I suppose my algorithm would dissuade speculation to a great degree and it could potential be used as a reserve currency or the ultimate trading pair. It is basically USDT on steroids without being tied to a fiat currency or a third party. But I have a lot of work, research, and testing to see if it could actually work. But this would essentially be us calling check to governments and banks. Their main negative talking point about crypto is that it is unstable so if we remove those conditions then their criticisms start to look more petty. They will either bare the fangs and show everyone their true colors or they will capitulate and give us our economic freedom that we so much desire. Right now they can lie and claim they are protecting us from volatility. Anyways, I am not sure if this is a manifesto or a simple explanation but that's what I am working on.
I guess the primary problem is, that for "investors" no real value gets currently created. Having a crypto currency, like we have now quite a bunch, which only hopefully get some value through hodling, will not solve the problem. With e.g. POS some kind of dividend gets created (= short value), but this only works with a value of the crypto currency behind. It also opens the discussion above in terms of deflation and inflation and its balance. In other words, as long, no incentive and value creation gets generated by using the coins, it will be very, very hard for any crypto currency. Nobody wants to pay his pizza for one or two bitcores in the moment, as most dream about the story to be repeated like for bitcoin. This will not happen, if no real use case gets created. And for currencies, independend, whether tied to fiat money or not, they only can create their value, when they perform their "task", which is to manage transactions. Currently only miners gets rewarded (if balance is right of diffculty and costs) but not minting investors. This needs to be solved in my POV.
And in generally I believe, we have enough crypto currencies. Block chain technology can and will change our world. And tokens can help in engaging in the market. But I would actually like to see more ideas, how it can change our world through disruptive models to simplify processes and engagements.
I mostly agree with everything you have stated. I am far more sold on the idea of smart contracts and tokens than anything we currently have in this space actually ever fulfilling the role of a global currency.
Not sure the goal should be a global currency. It also most probably will not happen, for different reasons. But some cryptos may perform the task of "money" transactions seriously. But first we also will need to find a way, that people are willing to initiate those transactions broadly. And yes, smart contracts are opening a lot more in terms of potential use cases beside of "money" transactions. Again, I hope I can read more about such future use cases in this forum.
