Quote from: diac21 on February 01, 2014, 06:49:37 PM

Quote from: superresistant on January 28, 2014, 08:28:41 AM

Quote from: Herp on January 27, 2014, 11:27:43 PM

Can someone explain to me why is it a good idea to invest in the upcoming eMunie IPO?

Since this currency is anti-hoarding, why would I want to own it and invest in this IPO?

eMunie is very different from other crypto-currencies. It has a special inflation system. The quantity of coins is growing with demand in a way that the price per unit cannot increase. The quantity of coin is infinite and expending fast.

Basically you cannot make a profit from the value of coins but... if you have coins you will be rewarded with interest so your loss is supposed to be balanced with it.

So the question is, why would you invest in the IPO ?

Honestly, I love eMunie concept but I don't see any reasons to invest in the IPO.

eMunie is designed to be a medium of exchange, not a store value nor an investment.

And what happens if there is declining demand? the growth is less? so in other words, you can't earn money, but it can only loose value? (if demand is declining too fast) What am i missing here?

From my understanding of the protocol, if demand went down, the "inflation" / generation of eMu would come to a halt... while this still means it's relativisticly de-valued against another currency, say; BTC, or USD, it doesn't mean it will lose it's entire value.

I have to admit, the biggest issue i have eMunie is it's lack of static unit count. I prefer deflationary currencies. That said, eMu can be great for purchases and replace existing fiats (USD, EURO, etc..., minus centralized control) and Bitcoin / Litecoin can remain the long-term value holding units (like gold & silver respectively).

eMunies niche is true privacy / security IMO, which makes for a great payment mechanism.

jamesbranson

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