Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
I would consider slow release but I currently prefer releasing all NEM at once on the launch day. Besides the fact it is easier logistically, it would be very interesting economic experiment for every one. Imagine 3000 accounts are created the same time at launch and each receives 1 million NEM equally and they all start to send/ gift/ exchange hysterically etc. The distribution curve is a flat line at the beginning and start to move over time. Who will sell, who will buy and how much ? Isn't it interesting ? Why should we ruin such a beautiful beginning? NEM launch day should feel like the BIG BANG in the NEM universe so I suggest we should take a breath and watch it unfold in wonder. There is no need to over-engineer a BIG BANG.
Indeed it's going to be very exciting experiment - how egalitarianism (distributio) works in practice
Anyway I hope that in a one year time we will become kind of bitcoiners.
That's our unbearable destiny.What about 1B market cap? Can you imagine that?
Some weeks ago, I expressed a similar concern; but I should recognize that UF's idea of a nearly perfect market from the very beginning is very tempting. Of course, it can happen such dump; then it can also happen that a big whale start buying NEMs at large scale skewing the distribution. That would be a not so nice scenario because all the effort of made the distribution egalitarian will be vanished.
However, our main strength is the community; if we, as a stakeholders contribute to maintain transparent market conditions to avoid pump and dump, together with a good promotion that brings a lot of new people and, most importantly, to have the possibility to use NEM to buy/sell things; I guess it will be hard for anybody try to control a big amount of money. That also will create demand and it will increase the value