Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!
by
bigdoge
on 20/07/2015, 20:36:33 UTC
Maza has had plenty of publicity.

What it lacks is credibility because nobody has started promoting it adequately among the tribes.

When someone seriously starts promoting it as a tribal currency it will jump to the sky. I'm willing to donate a fair amount of my coins to a solid distribution effort but it has to be directly to people for whom the coin is intended.

A lot of MZC holders are probably willing to donate substantially to distributing the coin but it has to be in a practical way.


With Mazacoin being SHA-256, same as bitcoin,

how many of the miners, do you think, are actually native indians?

Isn't it just bitcoin miners, who then mine any old SHA-256 coin?

The miners get their hands on the coins before anyone else does,

what if most of the miners are actually non-indians?

Wouldn't it make sense, to have an indian coin,

where it is the indians who do all the mining,

therefore the indians get their hands on the coin first?

I don't think there is any controls over who mines the coins though,

so although it is named after something indian,

it might actually be anyone on the internet(including non-indians)

who actually are mining the coin.



Thats why I am saying its not about getting native people to baghold all the coin. Its about using the coin to get actual wealth into their community. We have a liquid market and a well secured network (everyone in the world shares this asset.) But its obviously branded such that a merchant who was from a tribe would probably find alot more customers than any other merchant accepting it. We don't even need it to be mass adopted in the tribes, just have some merchants accepting it, and thus causing wealth to flow into their community. If they just had all the crypto but it constantly lost value cause no one outside also wanted to buy it, I would not say that actually increases their wealth.