Well done, really good job!
I don't know if there could be a better choice in music though, it's a bit...space cadet. Drums are in right now.
Music wasnt original plan. I knew tastes would vary whatever I picked so just went with something creative commons and electro that I came across before (space cadet may be fair, didn't think of it that way). But honestly its taken too much time, inc then reediting/syncing with music once that was the only option, to start over now.
That's fine, I watched it again and I actually liked the music. The video itself is a great effort, and something I'll happily spam around.
In the past 2 weeks, DVC isn't doing good. Too bad I really like that coin...
In the past few months we've seen multiple pump n dump coins come and go... we've realized they almost all have the quick mining and then low block rate forever approach until max supply to try to create maximum profit... but not really thinking about what parameters are "good" for a coin to survive longterm. I think people are starting to finally realize that instead of a max supply in short numbers, the coin to survive will be the one with unlimited coins but stable inflation...debasement is key to a currencies survival long term in an economy. Some people like Anonnymint are aruguing that this is the way of the future for crypto's...and as a result you see ethereum which is claiming to be the "next" coin has unlimited coin inflation... I think the coin that does everything already exists, just people don't realize it yet. Devcoin... the good thing is we leverage mining for bitcoin and give 90% of coins to useful work something whcih no other coin can do because they can't start the merge-mining process with bitcoin at this point... with asics Devcoin has the unique market advantage of offering the parameters of a coin that will survive as well as providing benefits like allowing people t work for devcoin via the share system...
Unless POS coins come to do the same, there is really no risk of a competitor for devcoin which is why I think its one of the unique ones that may be able to fit our economic landscape like a glove. However POS coins have not been proven yet.
yep, I completely agree with your observations here. The key with debasement and attractiveness in a trade currency is not solely what you can get with your money, but also how easy it is to earn more. People naturally go through bursts of saving or spending, and if too many people save at once, we get recessions and depressions and so on. People also like seeing their bank account grow, even if the purchasing power of the total account value remains the same...that's why so many people have put up with fiat for so long. I made a long post about this on the devtalk thread, for others who are interested:
http://coinzen.org/index.php/topic,147.msg4694.html#msg4694Devcoins already tick all the boxes for a useable trade currency, and all it needs is maybe a slight redefinition of target market. Devcoins have to stand on their own to survive, and we can make that happen by bringing in creative-types to the crypto world. A completely new market. I don't know how the founders would feel about this, but I'd like to hear their perspective (UTB?).
One thing I particularly liked about weisoq's new video is that he points out that all creative types are welcome - developers, artists, musicians, writers, and all for releasing stuff for the public to use for free, and this coin is helping people do that. It's basically impossible to have open source music, writing, and art in the way we can have open source code, but all it requires is a tweak in focus to realize the end goal is the same - free stuff in the public domain that people can use to make a profit.