Post
Topic
Board Altcoin Discussion
Re: [Netcode?] Name poll for AnonyMint's upcoming coin?
by
TPTB_need_war
on 06/11/2015, 01:06:00 UTC
Note I appended to my prior post.

It just wouldn't make sense to the average person, especially when they are transacting with each other.  Than you'll have an issue with businesses transacting with customers.

Business - that'll be 10 Netcodes.

Customer - Ok. Can I use my coupon code to reduce the cost?

This is contrived and doesn't make any sense as an example of what really happens.

The prices is 10 netcodes, then the customer understands he or she needs to pay 10 netcodes.

That the customer came to appreciate that netcodes represent some form of value because of the general concept that codes are "promo codes", "groupon codes", "game feature codes", does not imply that the customer thinks a netcode is a name.com promo code or a groupon code. Clearly a "netcode" is a "netcode". It has a branded name.

Following your contrived strawman, we could have argued as follows:

Business - that'll be 10 Bitcoins.

Customer - Ok. Can I use my game coins to reduce the cost?

That is akin to arguing that people will be confused as to why they can't pay for something priced in dollars using Yen or Euros.

Afaics, the best argument you can make against Netcodes is that different people have different interpretations of what Netcode might mean:

  • Groupon
  • Network programming
  • Encoded recipes for virtual features, e.g. programming snippets

I don't see a problem with that. Those who think of network programming will then appreciate Netcode as a block chain 2.0 platform.

Those who think of Groupon will think these netcodes can be redeemed along with purchases. Those who think of encoded keys will think netcodes are like access codes and provide some desired features. So now those who approach a site that has a price of access denominated in netcodes, will see they need that many netcodes to gain access. Where is the confusion?

You claim that people are so dumb that they will expect that a netcode is only a discount and not redeemable for 100% of the payment required. But there are even such things as coupons that make items entirely free. And it is quite a leap to assume that when people see a price denominated in netcodes, they won't get the idea that these netcode coupons add up and must provide the required quantity of netcodes to redeem one of these items. And deduce that no other currency is accepted for the balance of the netcodes required and the netcodes someone may have available to redeem with.

The concept of redeem and pay becomes melded into one. Perhaps a user with an 80 IQ might struggle.

Edit: to compare levels of confusion, what the heck is a Yoobit to the average person? Or any other name that doesn't have a word that means money. At least the possible associations of netcode to "coupon" or "enabling recipe" starts the user's mind in the direction of these netcodes have some exchange value.

Redeem and pay are examples of exchange.

The other words I proposed up thread were "swaps", "tradables", "clicks", "zing", "loves" and "vibes" (where the latter three represent the human interaction value created on the internet). The first two are obviously exchangable assets, but they don't associate to internet (cyberspace) technologically specific exchangables. The "clicks" was the best attempt to capture a cyberspace action that associates with access to goods and services. But the problem is that it is a specific type of good and thus isn't as fungible as some thing that can be used to exchange for anything else, e.g. a coupon or in general a code.