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Topic: The perfect currency? (Read 551 times)

member
Activity: 378
Merit: 17
March 05, 2018, 04:47:38 PM
#59
It is difficult to choose the ideal because in a number of characteristics it is necessary to choose and not for all, something one is suitable as well as the other. I think it's impossible to create a coin that suited literally everybody.
newbie
Activity: 70
Merit: 0
March 05, 2018, 06:30:39 AM
#58
At this market at the moment, I think there is no perfect currency.
What I am trying to do is to diversify between a few currency. Some in the big ones and some in growing alt coins in which I see potencial.
Also, for stable profit, probably it will be better to have 30 - 50 % in bitcoin. Yes, it is the largest, yes bitcoin is an old news, but the truth is, that still, bitcoin is the coin that moves almost every other coin up/down, so the best way to gain stable profit is bitcoin. 
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
March 05, 2018, 05:52:54 AM
#57
hey bros, I am fairly new here and have only really been in crypto seriously for about a year, jumping around from coin to community often feeling a void somewhere and wonder if there are any enthusiasts also feeling the same that may have similar ideas and are open and willing to work together towards a common goal. How do you feel about working together? Smiley

I see there are now at least a couple thousand crypto-currency projects and many of them are open source with quite liberal licensing. I wonder if one could not pick and choose through the crypto buffet and create the perfect currency chain?

Ofcourse this is very subjective, we all have different perspectives and therefore completely different ways of interpreting the system and its benefit to harm ratio. If we could be compassionate and open minded, and consider the implications of the systems on all of its constituents we would surely create a system that is simple, secure, accessible, fair, provides equal opportunity and does not oppress or harm people or our environment. I think if all we want to do is keep account, that should be pretty good base to aim for? what do you think?

if you were to devise the perfect system through picking at different components from existing currencies or just tweaks to a currency, what would it be? what would you aim for? what would you choose and why?


please continue the conversation here or join me on a discord server dedicated to this topic  Cheesy   https://discord.gg/7gT8zmH




No doubts that there are lots of currency are available to use and many of them are like we can use at anywhere ( for example bitcoin like asset as well as currency , doller can be use at international level using PayPal services ) .
So here we can understand very well that we have much ease to move our money at international level but here a short if the thing exists that is not a fair for us because , if we come through the use with freedom then surely bitcoin has freedom but not in every country ( in 3-4 countries bitcoin is banned ) and in case of doller we need to pay better amount of % fee to convert in Fiat value .
So here in my opinion currency should be like we can use everywhere and if we want to convert in another Fiat value then we don't need to pay any amount of fee . And also we should be able to use without any restrictions .
newbie
Activity: 18
Merit: 0
March 05, 2018, 05:44:44 AM
#56
The perfect currency for me is ETH because they are many coins that support it...it's growing too fast
member
Activity: 154
Merit: 10
March 05, 2018, 05:41:58 AM
#55
Welcome bro! IMP many public base blockchain is convenient for using in daily life. But the price is not stable as keep It the official currency.
newbie
Activity: 66
Merit: 0
March 05, 2018, 05:37:09 AM
#54
thanks for the information, you are thinking well)) I will be interested to know your thoughts in the future concerning crypto currency.
jr. member
Activity: 182
Merit: 1
March 05, 2018, 05:28:38 AM
#53
Cryptos as a whole have a bunch of drawbacks and so do the each coins. I don't think I'd call any single coin perfect, they have tons of positives, but idk if they're perfect.
full member
Activity: 406
Merit: 100
March 05, 2018, 05:14:16 AM
#52
For me, the ideal currency is a coin that remains liquid and stable for a long time. Even better, if it shows stable growth.
legendary
Activity: 1564
Merit: 1027
March 05, 2018, 05:06:20 AM
#51
The perfect currency for me is the bitcoin. Eve though all crypto currency are not perfect and has its differences and volatile value, but still i can say that bitcoin is the best coin for me. It operates a very long time and actually this coins was already regulated in some other countries and being used already in everywhere.

I respect your opinion but BTC is far from perfect. Very high fees, slow transactions, huge power consumption...

There is no such thing as a perfect asset/currency. We will have to select the one appropriate for a specific application.

Right now, I believe some of the PoS v3 altcoins are better than BTC.

But that's just my opinion  Grin
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
March 04, 2018, 11:12:37 AM
#50
The perfect currency for me is the bitcoin. Eve though all crypto currency are not perfect and has its differences and volatile value, but still i can say that bitcoin is the best coin for me. It operates a very long time and actually this coins was already regulated in some other countries and being used already in everywhere.
sr. member
Activity: 543
Merit: 281
March 04, 2018, 11:01:28 AM
#49
Looking at the dream aspect, many coins can correspond to the perfect currency title, two for example: Bitcoin, Ethereum, while leaving the emotional side and using the logical side of the issue, there is no 100% perfect coin that matches all our needs and problems in the system, when this happens the market may have difficulty launch new coins.
full member
Activity: 504
Merit: 100
March 04, 2018, 10:16:29 AM
#48
So far, of all the existing coins that I know, are not literally ideal for me, but if it were possible to synthesize some good ones and take better characteristics, then it would be an ideal one!
sr. member
Activity: 518
Merit: 250
March 03, 2018, 06:52:42 PM
#47
This times! We have many altcoin and token! You can choice all altcoin and token in top #100 on coinmaketcap to invest! But you need seaching more info before invest!
member
Activity: 434
Merit: 10
March 03, 2018, 06:22:05 PM
#46
Now there are so many different coins and tokens that it's hard to choose from them. But the ethereum quite suits me, despite its few minuses.
member
Activity: 462
Merit: 12
В поиске
March 03, 2018, 06:04:45 PM
#45
Every week there are new coins, with new characteristics and various additions. So it's hard for me to choose the perfect
legendary
Activity: 2464
Merit: 1020
Be A Digital Miner
March 03, 2018, 04:43:02 PM
#44
For me, at the moment, the best and most common currency is ETH, I started using it as soon as I got on this market and I continue it further. Maybe in the future there will be something better, but so far I'm choosing ETH

ETH is the best coin for me too. I have been using this coin for a long time because it is very convenient and fast. You will understand that this project is very strong and in demand if you study it. But of course I'm open to new technologies and projects as well.
newbie
Activity: 3
Merit: 0
March 03, 2018, 10:44:23 AM
#43
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full member
Activity: 1078
Merit: 102
March 03, 2018, 10:14:58 AM
#42
For me a perfect currency is the one you could put to use. Fiat used as investment is perfect , bitcoin used as investment and you gained profit is as perfect. Put your currency to use and not just keep it. Invest, trade and use diversify.
jr. member
Activity: 168
Merit: 1
March 03, 2018, 10:07:30 AM
#41
I wonder what is the definition of a perfect token?
I don't think there is a perfect token, different projects have different development direction, so they all hope to promote the development of science and technology.

I think a "perfect" coin would have to satisfy too many criteria, which isn't so simple and there will always be drawbacks.

With that being said, if it has a real-world applicable use, I think it's on the right path.
newbie
Activity: 85
Merit: 0
March 03, 2018, 10:00:00 AM
#40
According to me, there is no perfect currency. Coming to FIAT currencies, I feel that USD has always been the best currency among the plethora of currencies. Coming to Crypto, Bitcoin has, will and shall always be the king and is close to the perfect currency which many fantasize about. Honestly, anything close to perfect is fine by me. Many might feel that the extreme volatility of bitcoin and the crypto market might deter future investors and cannot be utilized for everyday purchases which is true at the moment, but will change for sure in the future with new developments like integration of lightning network etc.

I absolutely agree. there is no such thing as a perfect currency. If there is, then maybe the whole world is using it now, and may render others useless. However, there is what we call as best currency. Largely based on it's usage and applicability. Like fiat, one of the best among plethora may be US Dollars, while crypto you can have Bitcoin.
However, volatility among cryptos might pose as deterrent to future investors in terms of utility in everyday purchases, but may change in the along the way.
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