Re: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer

The fact is, that the blockchains use as a true universal decentralised ledger as a means of asset exchange will bring more value to cryptocurrency than anything else. The ability to have an unforgeable, easily transferred certificate/token is priceless.

Some have theorised that using a blockchains ledger as a means of asset exchange means that the blockchains market cap will have to remain higher than the value of all assets flowing through it at any given time.

If this works, and sets off new innovation and reactions from the right folk, we are seeing steps towards a decentralised stock exchange, housing market etc within the current landscape.

We love our BTC and crypto, but introducing asset exchange or a true backing would be an event that could move USD value of BTC to 10k and beyond with ease, along with BTC becoming a true commodity, and not having to feel like a total neckbeard when you bring it up at a social gathering

so, my initial question would be, if the OP had the means to link cryptocurrencies to a real world product, why didn't he/she just pair it with BTC in the first place. Why the need for another new altcoin to do so? One could easilly have marked up the value of 1 MT of Urea to #x-amount-of-BTC, with variable rates according to the market value of BTC.
It remains a far ball to catch that 1URO = 1MT Urea; especially when the toy-exhcanges will allow anyone to command the price.
It is always possible to wail on about VALUE, but it's PRICE that people see when they open up their browsers.

I look at this as buying a decentralized contract bound so far by the Uro Foundation. The relationship with the Uro Foundation is one sided. You can't trade btc or usd with them. They only agree to honor the Uro as a 1:1 transaction. The crypto exchange is the free market part where value will be realized by our participation.

So it's a very different beast than any crypto that exists.

agreed. and i'm all for the idea.
my only real issue now, is the wallet gets stuck. OP needs to find a way to ensure a working wallet which loads and sync's up first time without the need for a .conf or any addnode command - there are also many functions in the wallet which are disabled - repairwallet, being one important command which is disabled.
I'd advise a fresh build of the wallet by a competent developer (not a dev who advertises 'alcoins' on this forum) - a reliable, experienced and competent developer.
apart from that, i see it as a great idea.

Sorry about your luck with the wallet. FWIW mine has been problem-free. It has never had an issue syncing and I receive URO with it.

With regard to the price manipulation, it sounds like your head is kind of stuck in the box of thinking about coins whose value is based solely on speculation, with no real value. Bitcoin is one such coin, and it is very volatile. As this coin becomes established as something legitimate and workable, it will be in an entirely different league.

i don't feel my 'head is stuck' anywhere.. I will watch closely however, and it's yet to be seen how the 'value' over-rides the 'price'.
there has been no information which should lead anyone to think that these issues will be tackled. And whether you feel that my 'head is stuck' or not, it's a real issue.