Concept for Cryptocurrency that will naturally replace all and help Communism

Phase 1: Cryptocurrency and Protocol

1. The protocol shell be coded so that all the following phases would be implemented at their time .

2. The coin that shell be created should have a limited emission with no self causing inflation (eg. 100 billiards in total and no more)

3. The coin shell be only sold for other crypto currencies and the buyer shell obtain specificly coded wallet which is accepted by the coins blockchain system.

4. The exchange rate of the coin should be continiously increasing at a constant compound interest rate. This should be realized via coding the coin's multicoin wallet so that it can exchange the coin on other coins at a given rate at a time. Therefore the exchange rate of the coin will be continiously increasing.

5. The exchange rate shell also have the ability to increase itself according to the price of the most expensive alternative coin, no matter the posible following decrease of the rate of an alternative coin. Thus at any conditions on the market the coin will be the most attractive investment.

(All exchange rates could be varified using specific A.I. researching prices on all stock exchange platforms.)

Such an approach requires demand for the sales of the coins to be completed at any time if wished by the owner, how ever the approach itself is expected to cause the demand as it makes the coin a stable profitable investment.

(The following phases related to Communism will be posted later according to the disscussion.)

Topic: Concept for Cryptocurrency that will naturally replace all and help Communism (Read 151 times)