Why should XNM be more international than NEM? Is NEM national in any way? I don't get it...
Personaly I dislike the "X" naming hype very hard. Makes absolutely no sense.
Okay, I got ahead of myself and I made a post that I don't completely know a lot about, but I have heard people talking about it elsewhere.
This could very well be wrong information but this is what I have heard. All currencies have 3 letter designated call for trading. Countries usually have a three letter combination that is somehow related to their name unless it had already been claimed by another country. But currencies aren't the only things traded. Things like gold and silver are traded too. Their symbols are XAG and XAU. That is because silver isn't tied to a country, so it is designated with an "X" at the start. And again, when bitcoin started trading, they wouldn't let it trade as BTC, so it is called XBT. On XE.com you can find a list and there are some other "X" items being traded. I guess there are more that aren't listed on that site because they don't show XRP or XCP too.
Anyway, I think there is some kind of international organization where names need to be registered, and it seems like that organization would insist our symbol start with an "X". The reason is simple. What if I made an asset and called it USD?
Can another person comment here more familiar with the symbol system for trading?
