Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
WildCats
on 09/02/2014, 04:00:27 UTC
Utopian,

Why are there 4 Billion NEM?  Is it just to be like litecoin and be 4x the number of NXT?   More would be better such as 400 Billion.  I know that they can be divided as much as needed but this doesn't address the problem. No one wants to by a candy bar for .000625 BTC so people are already talking of using milli BTC but it's still awkward.  DOGE coin has the struck a better balance with this.  Dealing with small decimals is not only awkward, it's just psychologically more fun to feel like you own a lot of something.  4 Billion is less than 1 NEM per person in the world.  IF we want to make a currency that people can imagine being used all over the world there should be more than 4 Billion.

Thanks