When I spoke to the guys at the conference, both were asking basically the same thing:
"How is the market we attract different than Bitcoin/Litecoin"
This is an extremely valuable point. If we don't bring in a different market segment, why add redundancy. I know some people don't like the green/eco area, that's cool, but it's a legit difference. As Bitcoin continues to get larger, some people aren't going to be fond of the amount of resources it utilizes. Nxt should be able to appeal to that market on a mass scale.
What else? Why add us if you already have Bitcoin/Litecoin?
This is important, not just mental masturbation. I'd like to make contact again by the end of the week.
Green is nice, but not the important thing.
NXT is PoS
NXT is a whole ecosystem
NXT is new code. ( when they find a flaw in BTC, its not in NXT)
Which is great for us, but does not answer the demographic questions we were presented. Nikel and I talked in detail about everything you said above, while that's fantastic for the crypto nerds among us... (PoS gives me a binary chubby) it doesn't give a reason for a payment processor to add us when Bitcoin and Litecoin will already satisfy most of the assumed market. Does that make sense? Try talking ecosystem with your local mom and pop shop down the road.
This is exactly why face to face meetings are so important, you can cut right through the bull and figure out why we're not already accepted in specific services. I needed to wait to follow-up due to client development.. now we're in a place to demo a few different types, follow-up is ready.
One argument can be we'll attract a much more technical base. The flaws in Bitcoin code also makes some sense, but that's more of a retention than attraction tool. Are there specific market segments that we could bring to the party that the others might not initially attract without serious effort. Maybe you can help me expand on those ideas and help frame it as a benefit to those organizations?
It's not about us, it's about how our involvement can benefit the company which also benefits us. That's why part 1 is about the liquidity charts that both parties really appreciated. Another is the amount of money we have stashed away for marketing and projects.. we're serious about developing and promoting Nxt (along with it's partners) for the long term. I believe that is a benefit the others can't claim.
We believe in the decentralization of the security of our network. PoW currencies get centralized. BTC is getting more and more centralized. Now with ASICs for scrypt appearing, Litecoin will follow the same fate.
Decentralization appeals to a wide mass of people who are not comfortable with their security being controlled by a select few.