Quote from: opennux on April 14, 2015, 07:33:07 PM

Quote from: xa4 on April 14, 2015, 07:26:50 PM

Quote from: MadCow on April 14, 2015, 03:05:57 PM

Quote from: rpietila on April 14, 2015, 02:46:19 PM

I am sorry that your explanation did not inspire confidence to invest in it. Despite my totally non-tech background, I know reasonably well how Monero operates, and it should not be impossible to gain the same understanding from emunie, although not from that explanation Tongue

Yes, I would not recommend anyone make investment decisions from random forum posts, but I suspect you already know that

Everyone needs to do their own research and make their own mind up. I was skeptical of emunie for a long while, but I am excited by their attempt to use the basic truth of the Quantity Theory of Money (MV=PQ) within a P2P network where all vaiables are known in real time, to achieve a worthwhile goal of price stability. Whether they achieve that is uncertain, but if they do then things will change quite a bit.

Why is this simplistic economic equation MV=PQ so popular, even among many bitcoiners ? It's pseudo science in my opinion.

Aren't we just in these days worldwide witnessing that the equation is rather stupid and doesn't fit? It is pseudo science (and wrong at that even).

Well, actually I don't know, but it would make a lot of sense. I wonder if there is one equation that fits ? How would you take into account economic reality is distorted and manipulated by "the vile maxim of the masters of mankind" ?