The sentiment change would be:
A. the vast majority of traders would stop pumps & dumps, as they would not be profitable
B. few may try a coordinated pump & dump of an incredible amount in order to defeat the system buffer
it's not impossible to defeat the system (by exhausing the buffer), but because the buffer receives new currency during the pump, it's very difficult to accomplish.
With eMunie's economic model, BTC would be a digital currency, and not a speculative digital commodity.
thats the utopian dream if you are the only wallet service and the only exchange available..
again failing to see the sentiment of a open and free market.
IMHO in order to achieve mass adoption outside of the IT crowd a wallet service requires the following properties:
A. Fast payment.
Customers are not willing to wait for more than 10-15 seconds for payment processing.B. Value stability.
After looking at the menu and ordering a steak dinner, customers cannot be expected to pay 10% more due to market instability when they are done eating.C. Decentralization.
The payment system should not be controlled and potentially manipulated by a bunch of people.D. Scalability.
Preferably scalable to Visa dimensions..
E. Easy of use.
A grandma should be able to use it without a computer science course.Currently everything available on the market fails on at least three of these five properties.
Bitcoin fails at A, B, arguably at C (huge block chain size, Chinese miners behind a slow firewall controlling a large portion of it), D (7 TX / sec) and arguably at E.