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Cryptocurrency discussions / Re: Elements of a Concept paper
« on: October 31, 2019, 04:14:55 AM »
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...
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...