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Topic: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr - page 14. (Read 181803 times)

newbie
Activity: 56
Merit: 0
hero member
Activity: 644
Merit: 500

do you think altcoins can be traded with fiat without need to be traded with bitcoin ?
and also altcoins for goods ?

anyway corruption is because of the people who work for the Bank, not the Bank Smiley

I don't want to get into a big discussion here but of course alt-coins can eventually be traded with fiat and they already can be traded for goods, although not much.  Bitcoin purists will have you believe that BTC has some kind of strangle hold on crypto mass adoption when that's not even close to the reality of the situation.  Bitcoin is starting to penetrate the masses, but we haven't even scratched the surface and that means there is plenty of space and time for alt-coins to make a mark.  It's very naive to think otherwise.  You only have to look at history of the infancy stages of other high growth, disruptive technologies.  The first to the market is rarely the industry leader as the technology matures.  I'll give you one more chance to respond and then we should end the conversation.  I don't want to derail the thread.
legendary
Activity: 924
Merit: 1000
Not to mention cutting out corrupt middlemen like banks, while effectively lowering transaction costs.

cryptocurrency is also not the solution. and all coins are still too centralized. maybe bitcoin in many years...


Only because there aren't enough users yet.  Global usage will make PoS coins more decentralized.  According to some theories, bitcoin is probably going to get more centralized as it matures.

do you think altcoins can be traded with fiat without need to be traded with bitcoin ?
and also altcoins for goods ?

anyway corruption is because of the people who work for the Bank, not the Bank Smiley
hero member
Activity: 644
Merit: 500
Not to mention cutting out corrupt middlemen like banks, while effectively lowering transaction costs.

cryptocurrency is also not the solution. and all coins are still too centralized. maybe bitcoin in many years...


Only because there aren't enough users yet.  Global usage will make PoS coins more decentralized.  According to some theories, bitcoin is probably going to get more centralized as it matures.
legendary
Activity: 924
Merit: 1000
Not to mention cutting out corrupt middlemen like banks, while effectively lowering transaction costs.

cryptocurrency is also not the solution. and all coins are still too centralized. maybe bitcoin in many years...
a better humanity is a solution Smiley
no wars.. no religious bullshit (at least not the violent part of it)
investing more in science, education, health

not in DAESH

imagine how many space stations we could build, instead of all the tanks, rifles, cannons..
hero member
Activity: 644
Merit: 500
Alex or Max,

Put the IRC in the OP.
hero member
Activity: 644
Merit: 500

Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.


I just said the same thing in irc not an hour ago.
Pesa has a good chance of being bit coins golden child if you can tap emerging markets where Pesa is already a recognized name/brand.

EXACTLY for example People in Kenya(mostly women) form social lending groups called Chamas that lend each other Pesa(Money) in a merry go round format without interest.

M-Pesa which is a centralized digital currency pegged on the Kenya shilling is the usual medium of exchange.

These Chamas already contribute billions of dollars every year to the Kenyan economy. However there are still problems as Chamas rely on trust within amongst the members and M-Pesa itself is not anonymous.

So I believe a fully implemented Pesa improves on M-Pesa on a global scale.



I like this whive cat.  Cool
hero member
Activity: 644
Merit: 500
.





Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.



I just said the same thing in irc not an hour ago.
Pesa has a good chance of being bit coins golden child if you can tap emerging markets where Pesa is already a recognized name/brand.
[/quote]

EXACTLY for example People in Kenya(mostly women) form social lending groups called Chamas that lend each other Pesa(Money) in a merry go round format without interest.

M-Pesa which is a centralized digital currency pegged on the Kenya shilling is the usual medium of exchange.

These Chamas already contribute billions of dollars every year to the Kenyan economy. However there are still problems as Chamas rely on trust within amongst the members and M-Pesa itself is not anonymous.

So I believe a fully implemented Pesa improves on M-Pesa on a global scale.


[/quote]

I like this guy.  Cool
legendary
Activity: 1050
Merit: 1000
Not to mention cutting out corrupt middlemen like banks, while effectively lowering transaction costs.
newbie
Activity: 35
Merit: 0
.





Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.


[/quote]

I just said the same thing in irc not an hour ago.
Pesa has a good chance of being bit coins golden child if you can tap emerging markets where Pesa is already a recognized name/brand.
[/quote]

EXACTLY for example People in Kenya(mostly women) form social lending groups called Chamas that lend each other Pesa(Money) in a merry go round format without interest.

M-Pesa which is a centralized digital currency pegged on the Kenya shilling is the usual medium of exchange.

These Chamas already contribute billions of dollars every year to the Kenyan economy. However there are still problems as Chamas rely on trust within amongst the members and M-Pesa itself is not anonymous.

So I believe a fully implemented Pesa improves on M-Pesa on a global scale.

legendary
Activity: 1050
Merit: 1000




[/quote]
Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.
[/quote]

I just said the same thing in irc not an hour ago.
Pesa has a good chance of being bit coins golden child if you can tap emerging markets where Pesa is already a recognized name/brand.
newbie
Activity: 35
Merit: 0
To answer powersup, from my understanding enigma is coded and awaiting one or two decisions before being released. Eta is 2-3 weeks.

Whive has considerable experience in... Developing SMS products, that he will have to clarify though.
I forget exactly what he said his past experience was in, but it has something to do with SMS technology.




I have experience in developing SMS and USSD gateways and services over the past 5 years. I would like to see Pesa tap into the emerging markets across Asia, Africa and South America. You need these technologies to make headway in these markets.

It will be great to have enigma and smart contracts up and running asap but Pesa needs to solve real world problems to go mainstream and there are a lot of services we take for granted in the Western World that are not available in poorer regions.

In my humble opinion Bitcoin seems too slow and focused(for now) on being a global digital currency to meet this underlying needs.

The Pesa white paper is quite inspiring and the fact that dynamic interest is now working seems to indicate the future is bright for Pesa. Cool
hero member
Activity: 540
Merit: 500
Those that have tried our freenode irc channel and were silenced upon entry, I would like to apologize.

I have changed the irc mode to allow everyone to speak.

A few of us are in irc incase you have any questions or would like to discuss PESA further.

Thats appreciative.
hero member
Activity: 540
Merit: 500
I hope ENIGMA would stand apart form the usual coin mixers available.
Thats why its taking some time to get implemented.

legendary
Activity: 1050
Merit: 1000
Those that have tried our freenode irc channel the past couple days and were silenced upon entry, I would like to apologize.

I have changed the irc mode to allow everyone to speak.

A few of us are in irc incase you have any questions or would like to discuss PESA further.
legendary
Activity: 1050
Merit: 1000
To answer powersup, from my understanding enigma is coded and awaiting one or two decisions before being released. Eta is 2-3 weeks.

Whive has considerable experience in... Developing SMS products, that he will have to clarify though.
I forget exactly what he said his past experience was in, but it has something to do with SMS technology.


sr. member
Activity: 406
Merit: 250
Hey Guys,

It was great chatting with Pesa Advocates last week Smiley, I will share a concept proposal with flunkie on the following by end week.

PesaCash: Pesa as the Worlds fast default crypto currency compatible with Mobile Network Operator standards.
PesaSMS: Sending Pesa over an SMS gateway using GSM Mobile Numbers as Aliases.
PesaMarket: Market for Digital Goods(think itunes over SMS) this is already a billion dollar industry in Asia/Africa.
PesaFaucet: JakeThePanda seriously needs a faucet  Grin
PesaWallet: Pesa Wallet on Android/S40/ translated to at least Swahili, Arabic, French.

The idea is to get PesaDev to review some of these ideas and see if they can be layered on top of his upcoming Smart Contract and Enigma platforms.

Also I am a newbie in Crypto but I have to ask is it possible to reduce the Pesa Blocktime to between 30-40Secs  Huh

Lastly I really like ShadowCoin we should benchmark Pesa on Shadow's Quality and I think DarkCoin's market cap will be in sight in a few months. Cool

My 2 Pesas




Really looking forward to working with whive, especially on PesaSMS. This type of community voicing of ideas is exactly what we had in mind from the outset of this project.

Before we get ahead of ourselves, how is enigma progressing?
full member
Activity: 138
Merit: 100
can somebody start dumping under 200 again plz i'm waiting for a week now down here  Tongue
newbie
Activity: 56
Merit: 0
Hey Guys,

It was great chatting with Pesa Advocates last week Smiley, I will share a concept proposal with flunkie on the following by end week.

PesaCash: Pesa as the Worlds fast default crypto currency compatible with Mobile Network Operator standards.
PesaSMS: Sending Pesa over an SMS gateway using GSM Mobile Numbers as Aliases.
PesaMarket: Market for Digital Goods(think itunes over SMS) this is already a billion dollar industry in Asia/Africa.
PesaFaucet: JakeThePanda seriously needs a faucet  Grin
PesaWallet: Pesa Wallet on Android/S40/ translated to at least Swahili, Arabic, French.

The idea is to get PesaDev to review some of these ideas and see if they can be layered on top of his upcoming Smart Contract and Enigma platforms.

Also I am a newbie in Crypto but I have to ask is it possible to reduce the Pesa Blocktime to between 30-40Secs  Huh

Lastly I really like ShadowCoin we should benchmark Pesa on Shadow's Quality and I think DarkCoin's market cap will be in sight in a few months. Cool

My 2 Pesas




Really looking forward to working with whive, especially on PesaSMS. This type of community voicing of ideas is exactly what we had in mind from the outset of this project.
hero member
Activity: 644
Merit: 500
the coin will need some extraordinary features to rise...
and the competition is great, some coins promise and some deliver nice features



Not sure if you were in the IRC the other day, but the intended features are nice.  Most coins haven't really delivered much on the promises yet. 
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