Quote from: TaunGawk on August 24, 2014, 11:54:49 AM

NEM will overtake Monero and Bitcoin who're failing right now.

Bitcoin is still the numero uno at this point but not for long as new better technology is popping up. Monero is not one of them though. It is marketed by a spectacular amount of paid shill accounts who claim that it's greater and more innovative then Bitcoin. Sure, if you're smart, you know this is baseless bullshit marketing. Monero is just another $hitcoin bringing nothing new to the table, only difference is cryptonote.

Think about it. The more recent housing bubble of 2008 was $10 trillion. Worldwide there's $97 trillion investments, of which $2 trillion is gold. There's also $400 trillion in derivatives. Crypto currencies at $10 billion is almost nothing - dropbox is worth more than Bitcoin and yet I don't see governments around the world trying to ban dropbox or write laws on it. The governments already realize the potential in crypto currencies but it's an education issue we are facing. The merchants could really speed up things if they offered 1% to 2% discounts to people who pay in crypto currencies.

Bitcoin is 5 years old and has a hard time keeping up with the requirements of the financial world. NEM on the other hand learned from Bitcoin's disadvantages and was specifically designed for the new economy. Other similar projects, namely BiTshares, Mastercoin, NxT or can't keep up with NEM as these projects were evidently designed to simply enrich its owners overnight, whereas NEM is a true egalitarian movement designed to create a new fair economy, embracing equality and distribution. There is nothing alike NEM and I find it hard to believe there will. NEM is here to revolutionize our financial world and on the way to Numero Uno in the crypto space.

You make some excellent points, I completely agree with you first two paragraphs. I'm not 100% sure about NEM taking off as much as you say though. I think Bitcoin will remain on top for the foreseeable future and then there will be a number of second gen type cryptos contending for second and third spots. Maybe it will be NEM. But it could also be NXT, Crypti, NODE, eMunie, Safecoin, Etherium or some yet to be released cryptocurrency that for whatever reason, happens to gain widespread adoption.

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