Post
Topic
Board Altcoin Discussion
Re: NEM - copycat scam?
by
jabo38
on 20/02/2014, 15:38:35 UTC
NEM is not fairly distributed.  Its distribution is highly concentrated, much more so than Nxt.

why do you feel the need to spread bad things about NEM in every thread it's mentioned? just stop

It is just the truth.  I think all the Nem "investors" would be better off if they simply used Nxt.  I see no innovation or advantages to Nem.

Bitcoin has less than a 1% market share of the financial market (realistically still 0%).  For as big as it is, it isn't even a force yet.  For new people that want to invest in cryptocurrencies, which will basically be everybody if cryptocurrencies actually get a real market share, Bitcoin is the first place they look, but the concept of miners might leave a bad taste in their mouth compared to the NXT approach of forging and being environmentally friendly.  But then they hear that NXT was started by 70 some odd people (maybe if there weren't double accounts) or they hear about NEM, which is in most ways fairly similar, but has thousands of original investors from countries all over the world, and has PoS/PoI instead of just PoS where the rich get richer.