Topic: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos - page 282. (Read 1484189 times)

In a free country big business and government can not restrict internet access too much, it would cause revolt. During Occupy Wallstreet some were building wifi transmitters from consumer products to create a local network. XC could run on such in non-free countries (like the US).

I am asking a lot of questions tonight, Cannot sleep blame the XC announcements. Ok, so I read an article saying XC wants to decentralize the Internet but big business and government still control the hardware needed to connect the internet together. You still need service providers, correct? Does XC have a method of connecting the nodes together that does not rely on traditional methods?

ok i'm done, gn


Added this link, ignore the software scroll to bottom and look at Meshnet

http://bitcoinmagazine.com/15919/completely-decentralize-internet/

Virtual persona escrow would be an enabler of this. It would diminish the need of ruling state as disputes could be solved by logic rather than force. Think about what role a country really plays if you remove all the socialist redistribution of wealth, it enforces rule of law.

By creating a platform with rule of law we could see different escrow systems compete along side different currencies. But what this crypto-curency universe needs more than anything is accountability.
Imagine if in the future someone wants to create a new alt-coin to support their great idea. They know that with no accountability they will be exploited by pump and dumpers. If there was an advanced escrow system perhaps run on XCplatform backed by XCurrency they could prove their intent of sincerity and maybe do lock-ins of buys for a period to control the initial pump and dump.

The price is pretty good for all the good news we have been seeing.
I jumped in in june at 195k sat, then bought more at 160k and the pretty much went all in on 120k.
It's been very jumpy road, and it's kinda frustrating to see that the opportunity is still there, while you are already spared the FUD and problems of the last couple of months.
For you (and other interested) it a good opportunity. You now know so much more than me back then. The price has been extremely steady (for crypto terms at least).
I wish I had some more BTC laying around, I would still be buying

i would rather like the idea of abandoning the thought of national currencys and allowing a free market for currency. 

Actually I would like the idea of a country to accept XC as it's national currency.

First crypto-currency to create it's own company!
Challenge accepted!

I have a new quest for the team:
What if XC was the first currency to create it's own country, not physically but virtual. A logical/abstract country of which laws of trade and governance could be enabled by cryptology.
A person in this abstract country would be an escrow of currency. This escrow could be fined if trades was not honored. This would give a person identity but without revealing their real identity.
By pre-paying the escrow while perhaps also having a rating system people could build strong integrity anonymous personas.

Ok forget the country part, but please consider the virtual persona escrow system

Is It possible the XC inc will be the medium for Fiat currency to buy XC, and pay for content?

Welcome to xcurrency. One thing I can say for sure is that our team is legit, just read today's announcement; look one page back. They are building something special here and this is the tightest most respectful community in crypto. I would say 137-140 would be a great entry if you can get in for that. And talented help is always needed and appreciated. Let me know if you have other questions.

Could I please get a link to the latest RC?  I haven't had time to download it (moved pretty quickly) and now I can't find it...

Edit - Found it.

What I can see is XC Inc. possibly have connection with big companies that want to utilize the mesh network to deliver content/ads can negotiate for a deal with the team so they can push it out for them for a fee and still the XNodes can receive fees for the actual delivery.   In that sense, they are almost like the ad agencies, but we are the network that has the reach.  That's just one aspect I can think off the top of my head.

Also... there are currently 388 address with at least 1000 XC.  So, I don't know where you are getting your 100 people stats from...

http://bitinfocharts.com/top-100-richest-x11coin-addresses.html

I truly don't know, this is all very experimental and interesting. This is the time to ask questions, nothing like this has been attempted before. In theory the nodes make it decentralized, however a large portion of xcurrency is still owned by approx 100 people, who will also be shareholders in the company. Therefore, unless we see more distribution, the currency itself will still be centralized,even if it's moving through multitudinous, decentralized nodes. That's how I picture it anyway. Will the currency be able to remain a seperate entity from the company; I guess we'll find out?

Yes, the backend can be decentralized with no single point of failure that is a feature of the product, but a company is centralized in a different way, it needs management, bank accounts, needs to present tax returns, have insurance, provide SLA to its customers, make marketing decisions, have employees? etc.

I don't think anybody within our community will necessary yell things like it's going to the moon because we are used to the slow rise (and fall) of the price of the coin.   What most of us are invested in is the team behind XC, the plan, the potential of what web 3.0, blockchain 2.0 and the trustless decentralized mesh network can bring.  

XC has been solidifying in the 120k-150k range for at least 2 months now.  What is a good entry point is really hard to say, but most of the consolidation has been happening within this range.   Just check out all the PR that Synechist has been delivering based on the development of the coin and you will see that solid development is happening.   Don't forget that Dan Metcalf has been the go to guy for other coins to get validation of their codes.

And... don't forget about the plan the XC team revealed today about XC Inc. where you can get shares of the corporation based on your XC holdings.   That's a first in the crypto community.  We don't know what that can bring... but look at the other well known companies that have been bought out (Skype, whatsapp, etc)  Those are worth BILLIONS without a decentralized mesh network.

I'm guessing without reading everything, that the point of incorporating some part of XC is to protect the code....?

How's the price of XC? In terms of new investors joining? I know this is probally a stupid question since most people will just say "BUY IT, WHERE GOING TO THE MOON"

But what would you say is a good entry point.

I just cashed out of cloakcoin, after running there marketing team (cloakdesk.com whatiscloakcoin.com) unfortunatly i didn't get much out of it after the price plummit, but i'm trying to decide what coin i would like to join next, Not to make a profit, but to invest my time, and talents into the community

Wouldn't it be decentralised because nothing is going through a central server?
The operation of the network nodes make it decentralised...
Is that right?

I am worried that XC will be subject to government rules.

Very interesting concept, if you accept an outsiders opinion, you guys should be careful on how you deploy XC, inc vs XCcurrency, once you have a company it will be judged in terms of its capability to produce revenue and growth, you kind of loose the currency as other companies, competing or from other industries would be less likely to take xc as currency. In my opinion, you risk xc coin becoming more like internal tokens for the company used only to pay for services related to it and not in completely unrelated situations like buying ice- cream or a tshirt. This is specially important for people that were initially invested in xc the currency and had no interest in acquiring shares of the company for example. So think really well how you would really keep the two separated in the eyes of the market so that the coins don’t become only internal tokens.

On the other hand,  if the people on the first round of the ICO would be able to claim shares and keep their coins too, they are basically paying nothing for the company's shares. What happens to people on round 2 they don’t keep their coins, so they would be paying full value for something others paid nothing for? For people on round two how do you establish 10xc a share is a fair price? What is the valuation of the company. Think well about those things before you launch the company, I am interested to see how it all turns out. Good luck.

BUMP