Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
I don't understand why more attention to PON would attract speculation. Could you elaborate on that ?
Also I think the POS/PON combination is something new and thus would get people to invest and have interest in NEM. I'm still for 60 % PON since I deem supporting the network by running a node is more valuable than merely having coins (regardless which amount).
I don't mean that more attention on PON would attract more speculation but lowering the attention on POS would. And since one does not go without another this would be the result in my opinion.
Let's assume 100% PON. So anyone can just install a client, setup a node and start forging even without initial stake/investment.
Why would you hold on to your stake if there is no difference in the gain.
I believe this is one of the reasons why NXT is so sucessfull even with the initial distribution issue.
As I said before, I think the main goal should be to establish a stable currency. This doesn't mean that people have to hold on to their stake, it doesn't matter how it's established!
I am really convinced that the price fluctuations are still the main argument not to invest in cryptocurrencies.
If I am making some sort of logical miscalculation here (which is obviously possible since I am still a noob) please put me on the right track.
