Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: truthunplugged on October 25, 2019, 05:31:49 PM
-
A true Cryptocurrency must start with the fundamentals...based on principles of the
highest order. What would a true cryptosystem look like if it had everything in it from
the beginning?
Some suggestions for inclusion I've read, in no particular order:
An authenticatable mechanism for true open market price/value
discovery.Vertical integration of all key elements in transaction chain,
creating a stacked margin or flywheel effect. Cross-pollinating profit
centers. Solid and diverse uses case.
Perpetual Self-Funding of protocol development. Community
auditable high-value income producing assets, driving price/value
appreciation utility/fungibility. Leverage Existing Communities,
Developers, Publishers, Payment Providers, and Merchants to
Drive Value, Utility and Fungibility.
The Flywheel model produces these benefits without
relying on Network Effects or Economies of Scale at the
outset (think Amazon, Walmart, Atlassian).
IMO, Although Bitcoin, Ethereum, et al., may be Directionally
and Conceptually Correct, they are far from being Complete
Monetary Eco-System Solutions. The Monetary Eco-System and
Cryptocurrencies that will Ultimately Succeed, Have Not Been
Visioneered, Engineered and Brought to Market, Yet...
-
Not looking to get ban-hammered here, where
would be the proper place to post a link to the
concept paper pdf?
The project has completed the R & D and feasibility phases.
What I'm really looking for is the right place for a deep dive
with the interested community members.
Although we are in advanced pre-launch stage now,
the consensus is, we should open up the project's basic
business concepts for serious critique and analysis prior
to announcement, to those members of the community
interested in unique models.
-
A bold, hairy and audacious premise...
Notwithstanding their Revolutionary Potential, Existing Blockchain Protocols and
Proposed Ecosystem’s lack the Qualities Required to Create Ubiquitous, High-Value
Mass-Market Utility in the Socio-Political Space, Domestic and International Commerce.
It Matters not if a Method of Exchange (MOE) is Physical, Digital, or Crypto,
if it can-not be Directly Converted into other MOEs, High-Quality Commodities,
Desired Goods and Services at a Published and Transparent Conversion Rate,
it's not ‘Backed’ by Anything. True Price Liquidity cannot be Discovered.
A True 'Capital Currency' Should Never Experience Significant Volatility and Should Always
Produce ‘Dividends’. Unless the MOE is ‘Community Adjudicated’ as Advantageous to
Have, Save and Trade, ‘It Can Not Rule, It Will Not Endure’.
Only sanctioned manipulators, gatekeepers and a few speculators can 'win' that game.
We find this to be a Strategically Fatal Flaw that Will Take All but a Handful of them to Zero.
Our Conclusion:
The Monetary Eco-Systems and Cryptocurrencies that will Ultimately Succeed,
Have Not Been Visioneered, Engineered and Brought to Market, Not Yet...