Re: [NEM] NEM -New Economy Movement - No Envy Movement

Quote from: kodtycoon on June 07, 2014, 03:52:16 PM

Quote from: TauMuon on June 07, 2014, 02:55:53 PM

I don't know if other Nemsters have noticed, but I'm enjoying NEM's current independence from Bitcoin.

A large amount of the stake fees were paid in NXT.
The NEMstake tokens are issued on the NXT AE and thus are bought/sold with NXT.

I just hope it continues. If there is an alternative way of doing the upcoming auction without using the Bitcoin blockchain that'd be fantastic.

use NXT blockchain! :L

There's a downside to this: BTC is a LOT more liquid than NXT so if real funds are needed for development it's probably best they get it in BTC. BTC is also still the most universally used crypto so it is more convenient for the most number of people to participate in the auction.