There is one thing that i'm asking myself.
Why would we need NEM ?
It is absolutely blowing my mind , that there are people who think NEM will be their Bitcoin Rocketstart into wealth.
Why ? Because this time there a new people as Stakeholders ? Because the System is new , developed from the ground up and with another chance for catastrophic bugs or failures ? Is there really a need for another POS Coin ?
Baffles me and makes absolutely no sense in my mind...
(I'm also asking myself why we need NXT, but that is another story for another day.)
Technical wise, NEM could be a competitor to Bitcoin because:
1. an improvement in a core functionality: Proof of Importance instead of Proof of Work and traditional POS algorithm.
2. improvements in features: Bitcoin has been and always be very conservative when coming to new features. There are spaces open if users move beyond the simple currency functionality and want something else with blockchain.
3. Difference in design
I think you are very smart guy but many smart guys in tech do not fully grasp the dynamics of free market and competition. This article can help
http://marginalrevolution.com/marginalrevolution/2013/12/how-and-why-bitcoin-will-plummet-in-price.htmlin short, if you are bullish about Bitcoin (to the point of world domination), you should also very bullish about its genuine competitors like NEM.