It is very interesting your article, there is not a bad way to express it, it is well defined, currently the economy is not very stable.
Crypto economy is unstable, as for traditional economy - that one is steadily bad.
Why compare it with the traditional economy? These are phenomena of different orders ..
Most of the rules of traditional economy also work in cryto, so it is perfectly normal to compare them.
You're right, they follow similar patterns. In fact, I'd even dare to say that crypto has more natural patterns than the real economy because it's not being manipulated by arbitrary forces. No central banks printing money, jawboning currencies, or fiddling with interest rates. Just a system of exchange the way it should work.
Sure, there are speculators that drive it in every which direction, but that's just the truth for anything novel in human existence. We love new ideas, so we all jump on them at once until they're so overcrowded that we all fall off. Isn't it fun!
Absolutely true about Bitcoin being more natural. That's why we see fractal patterns in Bitcoin.
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Topic
BoardProject Development
Re: How to make your project successful?
by
mattmcegg
on 25/07/2018, 14:20:28 UTC
I agree that a this point the technology behind crypto is commoditized, and whats really valuable is a vibrant, welcoming, and fun community. What do you all think is the critical mass for a community?
Can you elaborate? how does the issuer of the shares track the movement of their shares on the blockchain? (i.e. I trade my shares with someone and send them to their prism address). I don't believe prism has this functionality.
This is something we are working on. You will be able to see all shareholders of a given coin, and send them dividends.
Awesome! Thanks for the info. Once a decentralized exchange is in place, it will be a pretty awesome ecosystem for asset sharing.
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Topic
BoardSecurities
Re: First Colored Coin Initial Public Offering [Monthly Dividends]
How are you gonna get track of all your share holders?
I mean how are you gonna the dividends ?
on the blockchain dude thats what these technologies are for
Can you elaborate? how does the issuer of the shares track the movement of their shares on the blockchain? (i.e. I trade my shares with someone and send them to their prism address). I don't believe prism has this functionality.
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Topic
BoardSecurities
Re: [BitFunder] Fenix. Hashing from the ashes of Bakewell.
by
mattmcegg
on 11/10/2013, 00:00:35 UTC
What are the options at this point for Americans with shares? I'd like to hold direct shares, or maybe you could work to get on Havelock. Any word from a Fenix rep yet?
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Topic
BoardMeetups
Re: Milwaukee Meetup (Bitcoins & Altcoins)
by
mattmcegg
on 23/07/2013, 14:20:00 UTC
I am down! I was trying to go to the Madison one but just too far. When are you thinking?