Nay, it's implemented as currency by NXT-NP45-W9T8-E78H-3B8L7. I can only assume it's done that way for the usability in Nxtty app or something. Like, swap a large amount of Nxttycoin to this one, perhaps.

Edit: I'd say tradable as you can use it for up/down betting, really. This is very common in regulated markets (like ETFs and stuff), so why not here? Possibly it could be turned into an asset, but the value has to come from somwhere (like users or app income or something).

Exchangable. At Nxt.

Vi har en blandingsøkonomi med sterk statlig deltagelse (f.eks med tilrettelegging) og et enormt potensiale for høy kraftproduksjon. Det mest akutte problemet er at vi som energiprodusent satser for mye på oljen og for lite på vannkraften. Nå ville satsing på kraft stort sett handle om å eksportere renere kraft til Europa og mindre om elektriske penger, men hvorfor skulle vi ikke være i verdenseliten her?

Initial distribution doesn't matter. We know the outcome of the longest running PoS system ever: Capitalism's 1%.

I'm in this 1%, not complaining for myself. Just for the other 99

Edit: OK, maybe 2%

Completely decentralised, maybe it is (like FTL space travel). You could be 100% spot on, I'm not arguing that. However, maybe the notion of a completely decentralised currency is also flawed.

Since you genuninely seem to care for the common good, please consider what's more important to everyone: Perfection or improvement?

I could argue that the notion of value/power always leads to some centralisation or other. There is no technical fix to that, simply because: We have computers that can beat your computers.

On a practical level for overall improvement, the question becomes what implementation keeps centralisation in check as much as desirable.

The first exchange that runs in Etherium gets my trust.

TPTB,

Fundamentally, currency is about trust and consensus: A sufficient amount of people perceive value by proxy in a token.

Regardless of how truth is constructed and protected, it's the consensus part that matters. While the implementation may or may not be decentralised, it's the decentralisation of POWER that's interesting.

As you say, it may very well be a delusion. All currencies are delusions. It's just that we all agree on the value of the collective delusion.

Usually, you pay a hefty price for free electricity (like in dorms etc): Noise Heat

You're gonna live and sleep in all that, remember. Having those fans going 24/7....

Believe me, electricity is not free at home when you start mining with a few S7s.

Selv om det neppe ble berørt i denne høringen, så er det største politiske spørsmålet produksjon av elektrisitet og avgifter på dette.

* PoW handler i praksis om å konvertere strøm til tokens. Den som har mest og billigst strøm, vinner.
* Systemer som Etherium vil poppe opp som paddehatter. Om integriteten beskyttes av PoW eller PoS eller noe annet, så vil disse i hovedsak handle om at en variert og desentralisert gruppe stiller prosesseringskraft til rådighet og få betalt deretter. Den som har mest og billigst strøm, vinner.

Om digital valuta er fremtiden, er billig energi avgjørende. Fint om politikken først kunne handle om hvordan vi baker kake før den henger seg opp i hvordan den skal fordeles.