Topic: [NEWS] eMunie: Some general news and 100% Anonymity (Read 5391 times)

I don't think people are brainwashed into believing fiat money makes sense, I think the majority of people don't know and don't care how it works. Although one could probably argue this has to do with the fact that very, very little is taught about it in school, so people just assume that "it works." The problem with bitcoin is that its following is great about educating people about the ills of fiat, but not so good about the problems of deflation. Hell, even Lew Rockwell had an oft-cited article around here for awhile reinforcing the "goodness of deflation" by using the example of computers and appliances, because clearly deflation due to technological and productivity increases in an inflationary currency is the same as general deflation.

It seems to me that an outside observer would see bitcoin proponents attempting to "brainwash" new recruits in the same way you accuse the educational/government(?) system of doing. It's astonishing how quickly I see some newbie posters regurgitate some of the bitcoinomics arguments I've seen and heard refined here over the last couple of years.


How is designing and discussing alternatives not doing anything about it? Rome and Bitcoin weren't built in a day.

firstly thank you for replying ..

Ok i broadly agree with you here -

except to say that , if executed correctly , I don't believe that the block chain and/or PoW principal is much like a "Pyramid" structure - i believe , (and i believe i will be proven correct)   that BTC is fantastically centralized that is simply to say , that by 2012 or even 2011 , when it was even being discovered by any people , you can see the history now it jumped like this :


2009 Zero information first of a first in a respect.~~~~~~~~~~~2012 some exposure ~~~~~~~~~~~~~2012/2013 ASIC takeover - further centralization.

When the hype is gone , after a few ASICs have been sold , people are going to stand back and start to say " Wait where are all the BTC " ?


so in this respect i can completely agree with you , however I disagree with the Pyramid analogy  because the price can certainly go very far downwards , and there is no Pyramid structure collapse , its definitely not needing new investors in that sense .   

I just think , a studious investor has to look at it as some thing that was fantastically unintentionally at the beginning  pre-mined and  then intentionally centralized after .

so for me BTC will have that hanging over it , and its price stability will live or die on those large holders , but i think this model can be improved upon.

bag holders don't forget , will be loosing the bag only if they sell low, this is a pretty pure market.

You think you can change over a 100 years of brainwashing and programming with some software? No, that is not how it works and you must be incredibly ignorant to think it can.

Kids are instilled with this idea that fiat money "makes sense" when it doesn't. The first time you tell a kid about fiat money they don't know how it can be so, but a few years later it's accepted as reality. To change this reality is near impossible, like changing someone who is muslim to atheism. Such programming takes many years to change, it's very gradual.

What I do know is you etlase2 have been talking down others work for year(s) now and still haven't done anything about it. Why is this? Do something if you think others can do what you say is possible. Show us the (right) way.

Even though I don't think Ripple is any good technically I applaud them for trying something new and doing something. You never know with actually DOING things what it can inspire in others even if you doing something is a failure.

It is not PoW or the blockchain that I have the major issues with, though those are terribly inefficient. The main issue I have is with this notion that a pyramid distribution of currency where 50% or more is distributed to a few thousand people will succeed at doing anything but creating the next Wall Street or London. I do not see exchanging one boss for another with grandiose promises of "this time, it's different" as anything other than a way to relieve the ignorant of their money.

When currencies start appearing that break this trend, I believe you will see a strong run to the bottom for all of the currencies that require an influx of new suckers to maintain the charade of the sustainability of closed, pyramid money supplies. And somebody with a fat stack of bitcoins is probably going to speed the process along leaving thousands holding the bag.

Can I ask honestly for clarification on why you believe the PoW and blockchain principal of cryptocurrency a long con?

Please see my question with no ill intention i want to take on your point of view as a part of my analysis. 

Ripple is an obvious scam , I cant comment on solidcoin as I dont even know what it is .

But what specifically about these principals leaving aside obvious scams like ripple etc.  do you find in error , obviously much of the excution has been questionable by many of the entities in question , but leaving that aside , where do you see the main problems ?

Holy shit this thread is hilarious. "eMunie" - that sounds pretty funny to start, and the creator denoucnes Bitcoin but lurks and trolls on BTT ? WTF is going on - I think socialists will do anything before reconsidering the whole resource allocation problem apparently.

forum.emunie.com and emunie.net

I want to learn more. Is eMun inflationary deflationary or something else? Where can I read more about it? I want to learn why traders will not be able to profit from trading it (if I understood that part properly?!).

Game changer or not? I don't know.

One thing I know - eMu is backed by at least half a dozen of people who have the balls to walk the talk -> that is what refreshing to me.

Sure, eMu doesn't have all the best of the best, not yet! But for a pre-launch, have you seen anything better?

mikaelh, for example, is a brilliant coder, but he did not get involved with Primecoin until it was launched.

As an analyst, I predict there will be a flood of people wanting to join the team once eMu is on exchanges and has proven it's rock-solid system as a currency.

The BTC trolls will hate it, because eMu is immune to GRQ parasites, so they can't make quick bucks of it, but the smart ones will not fail to recognize its true potential to change the way we:

• trade
• communicate
• store things online.

yes, it's not just trading, there are lots of ambitious plans with eMunie, just not publicly annouced yet.

A man after my own heart. After witnessing the sheer horror that has become the crypto scene as of late, emunie in my eyes is a very strong breath of fresh air that I personally am throwing a lot faith behind simply because of the sheer potential game change that it could mean for the crypto scene. You should come beta test with us.

Smart people don't think others are stupid 

Something I'm in total agreement with you on.
I can be a bit of a troll here on btt, pretty much because I mostly believe btc and its million clones are not what they present themselves to be; ie a fair alterative currency to the 'evil' bankers fiat.
You'll see a common theme over time I present, that it seems to me most in the crypto community want an alternative to the 'evil' gov/bankers controlled currencies, yet cryptos are a clear proof that most people act the same when given the similar powers to the 'evil' bankers.

I've said it time and time again all cryptos that come from within this community are instamined (in terms of being accepted by the broader community, which is most's stated goal).

imo Bitcoin (or any of the rest) are only considered a success because of their price verses USD, none are all that useful to average joe as a genuine alternative currency to the bank controlled fiat (thats my opinion and it hasn't changed being in the crypto community for many years).

Now I entered the emunie community and questioned Dan from that perspective, I can say for probably the first time in cryptos I've been happy with well let say 75% of the answers.
I've attack aspects of emunie pretty hard (and we still agree to disagree on many areas), but Dans has always treated me respectfully.

From many chats with Dan, I've seen he's not an expert in every single area that such a large project covers, he's brilliant in some areas, though where he lacks he's a pretty quick learner, the big positive is where he lacks he has the advantage of looking at it with fresh eye's (and in this he has certainly thrown in a few surprises).

Dan is working tirelessly on the project with the aim of making a geniune useable currency for joe public, I see for him he's very motivated about the project not about making bundle of money.
For me thats a good start in getting my support, and from being in all the beta's (I think we're closer to omega though) and extensive questioning I think he has a great chance in achieving emunie's aims.

You are mistaking directness for demanding. I see no need to beat around the bush. This is also the internet--fuck pleasantries. You ran away pretty quick from the tough questions in the original thread, and it only makes it look like you don't have a valid answer. It's OK if you don't, but if you won't answer, the only thing you leave is for those who can speculate to speculate. I will like the project if the project is not some pyramid scheme and is defensible under heavy scrutiny. I will not like it if a bunch of people get carried along into losing their time and/or money. While the situation with emunie is somewhat different, it is still a safe historic bet to go with the latter scenario--until proven otherwise, which you can change at any time.

edit: I should note that I consider bitcoin and all of its clones just a long con, and really the only other two (solidcoin and ripple) are quite shady in their own right, so I have a pretty poor view of cryptocurrencies in general. So I do applaud the fact that you are working on something different, especially in regards to the money creation process, but it has to be bullet-proof.

+1

~sumdood~

The release data was never "official" I believe in my initial thread it was a "around 21st June".   That changed because once there was support a number of new ideas were formulated that were better than the originals, isn't that peer review of a fashion?  Granted "around the 21st" was probably a little hasty.

Which leads to my next point, nothing was ever "broken", just better, more efficient ways of doing the job were found.  As I said in the initial post here, what good is discovering a different and better method only to go with an original inferior one?

Bottom line, you don't like the project, the idea, whatever that might be, then that's your opinion and you are entitled to it.  My issue with you is the way you present yourself...almost demanding that I answer your queries as if I am obligated to do so and require YOUR approval to proceed.  

Unless you are a "big dick" in the world, that approach of social communication will never get you anywhere. With that in mind, unless there's something you haven't told us, there is no evidence of you being a "big dick" so perhaps take a slice of humility cake and you'll find that people are more interested in what you have to say

Was it not you that programmed this somewhere in the background without any review and announced an official release date in your initial post regarding emunie? Was that not somewhat immature? There are not simple solutions to BFT, sybil, and double spending, not to mention scalability, and all this without proof of work--it is a lot to chew on.


Are you not following the same words? Presuming that you can fix all conceivable problems with no peer review? It seems like you've already had to fix an awful lot just based on the few tidbits gleaned here and there.

If you are calling out my cryptography experience then perhaps I should call out your general developer experience, 12 months of an idea and not even an Alpha.

I understand plenty enough to complete this project, and anything that I happen to come across that I don't, I will learn until I do...there's no shame in that!  Perhaps I should expect you up to create a AAA first person shooter, or a mobile phone operating system, or some RFID hardware and when you can't ridicule you for it?  No, that would be immature.  None of us knows everything, sore fact to swallow I know.

There's a saying you know, you might want to take heed to, it taught me a lesson a long time ago....."The greatest mistake that smart people make, is thinking that no one is smarter than them."

Your cryptography experience is suspect. I am sure you are learning quickly, but you have made some posts that do not sound like someone who understands deeply things like BFT and sybil attacks and double spending.

I gave up that pursuit. You've made it clear that it will bear no fruit by not bothering to respond on your board to some simple, direct questions--this was after encouragement from the emunies to post there.


I haven't called your bluff on anything. I came here to respond only to those who think that this post somehow answers an unanswered question. It is, however, an ongoing trollfest at this point and I will end it here. The mentions of prior art was a touch over-dramatic, but I did recall the first thread I linked to offhand.

Additionally to the above, there have been MANY people that have questioned eMunie and what I want to do with it.  Some of which have pointed out potential flaws that have been investigated, others that had concerns that weren't justified when looked at.

Point being, I had zero problem at all with these questions or queries as they were presented in the correct and respectful manner, not "demanded" which is how your queries come across with a hint of ridicule.