Topic: Currency Or Digital Stock / Token ? (Read 316 times)

You're right. If you look at it from a different angle, the popular "FUD" against Bitcoin is a distorted fun-house-mirror image of how Bitcoin was pushed during Evangelism 1.0. The pushback is often a good guide to the pushings.

It's also a good guide to what evangelism patter will not work nowadays. That there soil's been poisoned.


I know I'm being irreverent, but the skill most needed for that is most likely talent in cold calling.

I think this question I pose to you all is worth discussing.

It seems most of these coins (many thousands now) have little planning from the start.
What I mean by that is planning a new coin to be a currency and a digital stock together seamlessly.
Take Bitcoin.. it is a bare bones, no frills system designed to be a currency (I think foremost)
What happened is we all latched onto Bitcoin and made it's primary purpose to be a digital commodity of sorts to trade on exchanges etc..
Many of these coins have little effort put on them to be a successful currency.
It seems to me this is pretty much wallet features tacked on and after that the coins go no where.

A coin that is a failure at a currency is dead I think.
Making a bit of money trading a failed currency on exchanges is not enough.
If that is all some of you want then fine.. I get it.
I started this because of the chance to make some money with exchanges etc
But all along I have had the real goal in mind being a currency first.

Do you all even care ?

Bitcoin took off I think because of people who wanted to make money off it came rushing in.
What we need is the whole word to get involved in crypto and actually use a coin as intended.. as a currency.

And do we need to keep calling them "Coin" if none of us treat them as coins ?
People defend the trading angle and defend the digital stock market angle but that has to be only half the picture.

So far I'd say this stuff is a failure.. all of it (even Bitcoin)
All we managed to do was attract vultures who wanted to make money.. like say Stock brokers or money people with investment capital.
We don't need guys to come and pump coins etc we need the world to come by in a gradual healthy stable way to get involved.

What you all think ?

EDIT:
I posted this hoping guys will focus any new coins on being a currency first (and the digital stock angle 2nd)
after all that is in your best interest (profit wise)