Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!
by
no-ice-please
on 11/09/2015, 19:34:50 UTC
I have been thinking lately it might be good to fork MZC to a proof of stake coin. ... They would instead be encouraged to get a wallet and be interested in the projects long term goals. ..."

Great idea. Proof of stake would help a lot of ways.

A campaign to strengthen an independent Native economy has a lot of difficulties. "Giving" any new currency to anyone, from anywhere, will only inspire the person to sell the currency.

An effort by outsiders to promote Native businesses that use Native currencies, including Mazacoin, should include some motivation to keep the funds in the local currency rather than converting them straightaway to paper currency. Proof of stake would make MZC better than holding paper.

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Someone should form some way for outsiders to invest Mazacoin in new Native businesses and other projects.