Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 170. (Read 661498 times)

Yes, Bitcoin has a shelf life.

How the BitCoin network becomes centralized?

Google translate original russian post from Sasha PortMan : http://mmgp.ru/showpost.php?p=6543233&postcount=2136

The first stage - it was possible mining at home on videocards.
The second stage - it was possible mining at home on farms from ten videocards.
The third stage - mining it is possible was at home on tens farms from hundred videocards.
The fourth stage - the whole industrial pavilions, from hundred ASIC of mayner.
The fifth stage - tens mega constructions from thousands of ASIC of mayner.
The sixth stage - mega the corporations which are engaged in a mining which will have huge territories on the areas which will be specially adapted under a mining.

And the seventh stage, final - the strongest corporations from corporations will survive. They will be then not only to control the prices, but also to carry out all transactions. If the price of a coin is low, the network and any transaction will simply stop won't be carried out while the price doesn't become favorable to a mining. But it will be already in the most final phase when all mining one or two mega will control corporations on the mining, under control certainly to the government. Because probably you know if someone starts controlling that not in power was to control before to the governments within the corporation, the governments shortly will start controlling the one who controls the uncontrollable.

In general, I consider a mining - an error of decentralization. All computing capacities once will appear in hands of one mega corporations that conducts to centralization and control from the governments. Satoshi when I created it, I he think knew and guessed to what at the end everything leads it. Freedom is given only in the beginning when everyone can мaйнить at home on videocards, thereby forming the decentralized network. But here its complexity grows and grows that finally leads to centralization and to total control, up to even before network destruction if supervisory authorities of it want. And most likely they will want because yet time will find as someone sold for BitCoins drugs or sponsored terrorism, and so on. BitCoin for them at present as a splinter which just like that can't be pulled out. But Satoshi created it everything temporary, as a result a ball one will govern mega corporation and sure to appear over it will rule the governments. It will be the beginning of the end of a network BitCoin.

If that is true we all will be millionaries

If you can make this BIG idea work then do it.

Please just don't let the multi-pool plan get delayed if you can't do the BIG idea.

Don't let this lose momentum and fade away.

You had a great idea, now see this to completion. Thanks for being point on this.

You got my support. UP please stay in contact with him and get him what he needs if possible within your framework. Everything is going slow, this getting done quickly would be good at this stage.

To be clear, I understand why things are slow, a lot has to be done.

NEM could use a nice boost right now before the auction.

I was decompiling NXT code, when it wasn't published yet, and before the "flawed" 0.4.x sources has been released.
I can tell. Satoshi was coding like in 80+', BCNext, like in 90+' (who knows, maybe to mimic satoshi even more),
Jaguar codes, like you code nowadays.

That being sad, I was and am amazed by the amount of work JeanLuc has done to make the code look decent.

doesn't he remind you guys Frictionless?

what your idea??

How do you know? I hope it's true. [/list]

UP = Satoshi?

Inquiring minds want to know.
Find out now. https://bitcointalksearch.org/topic/is-satoshi-among-us-is-nems-up-really-satoshi-583503
(My first poll.) 

multipool been everywhere it. Should expect something more innovative than multipool out, so it has a high valuation nem.

?

Nem should have something more innovative than multipool.
expect...

Let's cal it a CFP then, it has a kind of ring to it, if you say it enough 

lol,I can't give you dates because nem is a scam!

Now this is crystal-clear

That's amusing, I have the exact same "problem" with the NGO I am starting for Mintcoin. Everyone is calling it a Foundation, but for legal reason, I cannot use the word Foundation because in France it is reserved to a particular entity (the Mintcoin Fund will be an endowment fund, not a foundation)

There is a risk when I use the words like IPO or investment since I am in U.S which has certain regulations regarding to fundraising and soliciting investment. IPO has a strict legal meaning and I would rather avoid it. Everyone can use any words they prefer but when someone asks me about "that IPO", "this investment". I can't implicitly accept it without risking myself legally.

Yes, sort of. Still, I think that saying "this is not an IPO, this is an call for participation" wil make most people defiant, like when politician use one word for an other.
Fortunately, this is easy to fix: suffice to mention in the same sentence the difference between an IPO and a call for participation. Or, better yet; "technically, this is not an IPO; but if by IPO you mean; taking a small risk in the hope it will pay out later", well yes, you can call this an IPO"

Plus, IPO is much faster to pronounce and understand than "call for participation"

Another pure Nxt clone - https://bitcointalksearch.org/topic/wallets-stolen-by-hackerswere-sorrycontact-anon136-for-escrow-580537

This one looks little bit better than Nas.

NEM is an evolving entity. A stake of a NXT clone is worth like nothing; A stake in a properly developed technology could be worth a lot. NEM could have been the former. But it happens to be the latter because of the participation of some great people like Jaguar, Thies, Gimre, Makoto, BloodyRookie, Krysto, Patmaster etc. It is not right to say it was an IPO because I don't have much to offer without the participation of these people. I hope you understand.  

Alright so I was wrong, although I don't see the difference  between a donation fee and a stake - since fundraisers will receive some NEM, they are receiving a stake, no?