Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion]
by
Eadeqa
on 18/06/2014, 19:21:01 UTC
I would like to see a huge pile of NEM get into the hands of average joe without them paying for it,this will make the stakeholders mad since they had to pay for it but average joes won't be spending money to buy NEM when they are not sure about it. Isn't the goal of NEM to help people achieve financial freedom? The more people that have it the greater chance NEM will succeed which will increase the value for the stakeholders.

This is not how real life works. Aurora tried to get adapted as a country coin by distributing them freely, but Icelanders immediately dumped the coins for BTC instead -- crashing the prices immediately.
Where is the adaption? Nowhere.  Anything that is "freely" distributed to a large number of people will have no value -- as anything that is "free" is worthless.  

As  for destroying them, I am happy with that idea, but in reality it's same as distributing them equally to all stakeholders. The net effect is the same.

I just don't want "developers" or the "insiders" to be sitting on 50% of the coins ("locked" or not as why should we trust what they will do next year or year after that?) Why on earth even leave that an option?

As far as I am concerned they are already controlling way too many coins with 25%  -- add unclaimed coins to that list and whole thing starts to turn into joke

You still evade a question raised directly to you by one Nemster earlier : why are you happy with JeanLuc and several Nxt whales holding 5% of Nxt each but not NEM developers? I agree that the unclaimed coins should not be under control of the core team.

Is there any evidence that Jean Luc holds 5%? I know he was originally stakeholder, but its unknown how much BTC he contributed.  Most Nxt developers actually are not original stakeholders and don't hold even 0.1% of Nxt  Wesley is not original stakeholder. Neither is jl77, nor is CYIYAM, btc2nxt, vbecas who are all working on very important AT project that will integrate turing complete language into Nxt -- before etherium.

There are dozens and dozens of other Nxt developers who are writing mobile apps, blockchain explorers, developing websites, games, and doing all kinds of work -- none of them are original stakeholders

Yuu know why they do it? Because some of them bought Nxt with their own money and want it to succeed. The best motivation to put your money where your mouth is.

 In fact what you posted is flat out lie