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Thinking Bigger with Nxt  
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P2PGuy

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Thinking Bigger with Nxt
« on: May 16, 2014, 10:22:38 am »

Thinking Bigger with Nxt

Thoughts and concepts to be developed by the Nxt Community.

We can think bigger with Nxt if we are to take this into the mainstream, by. 1. Keeping the introduction to Nxt and how things work, simple to understand. 2. Give everyone access to it via mobile, tablet, Desktop, Laptop. 3. Make it fair. 4. Make it safe. 5. Make Nxt more abundant and Peer-to-Peer incentivised. 6. Keep Nxt decentralised.

Let me address all these points.

1. Communication of what Nxt is and how to use it. Must remain simple. Think of the developing work who don’t have the education of technical background afforded to the rest of us.

2. Give everyone access to Nxt via mobile, tablet, Desktop, Laptop. Self explanatory but for third world mobile device (see. No.3).

3. Make it fair.  The AE is already open to volatility of user pricing for assets. A user can set any amount they can think of, which will create pricing chaos. One suggestion is to make a free, community based, NXT-GPi or NXT Global Price Index for common assets (food items, water, consumables) and have it incorporated in the AE / Wallet.

Create a simplified Buy/Sell mobile/SMS version of the wallet for quick trades (think of a third world physical market in an African village, they have mobile phones but the basic models, not all with smartphones yet). 1 bag of rice = 10 Nxt. with the asset price linked to the NXTGPi and a simple "Nxt buy/sell contract + validation key" per transaction. A farmer brings there goods to the market and wants to sell them at a fair price. Now...They text each other already to find that price, then sell (for fiat). If we had a mobile/SMS based NXTGPi they could use that.   

Tip: All global assets must be physical and actually exist.  Avoid at all costs any type of derivatives. This is what has killed trust in the old system, derivatives and bubbles of derivatives (commodities that don't actually exist).  Derivatives, created and fuelled the need for greed factor, basically. Banks just created more money from thin air (by printing more and more ad infinitum), and now by using software and computers to issue it on a balance sheet.

Nxt can do the opposite, and create a fair system for everyone to use and understand as the foundation system.

4. Make it safe. Two Factor Encryption is a tried and tested method (it’s optional). Most exchanges (Cryptsy for example) have a use SMS code verification to login to your account, then SMS code to verify a transfer.

5. Make Nxt more abundant and Peer-to-Peer incentivised. Giving each person 1 NXT - yes, I understand it’s used to open your account. Is it a step too far for most mainstream thinking people to then find the faucet? Will they move on to something else (or back to fiat) when they find out the value of 1 Nxt?  We are assuming that people will buy more Nxt (or add assets), but if they have no fiat or assets, which billions on the planet don't. That model will be difficult to grow on a global scale. Banks created quadrillions for themselves and enslaved everyone by charging interest and turning everything into debt and debt based equity. They have also made the entire financial system and financial instruments sound so complex, only they can understand it. “Triple dipped, reverse osmosis credit default swapped derivative high yield asset backed security dutch sandwich investment IPO share split portfolio”……what.....? exactly. This is just an example of the kind of dumb language they use to create smoke and mirrors and make you think you are in safe hands because they understand it for you.

Nxt can do the opposite. Be the Nxt Generation. Developing the Nxt ecosystem, so we can all understand it and use it with simple definitions and with transparency.

Creating abundance.  Give everyone on the planet enough Nxt to cover there basic monthly needs for food, shelter, protection, healthcare (the basics). Then the Nxt community can offer education for how people can get involved on a Peer-to-Peer level, in open source projects that benefit the global Nxt community and the communities in which they live. Then individuals can participate and share in the success of projects. They can earn more Nxt and are able to invest in other things, like holidays, travel, cars, products, other invest in more Nxt projects.

This way, anyone can participate in a credit based system, building positive relationships, participating, expanding and co-creating depending on their level of expertise.

This keeps Nxt decentralised, especially when we use the voting system, the evolving, AE and other features in development.

6. Keep Nxt decentralised.
The groundbreaking thing that is turning everyone's heads at the moment is that Nxt is decentralised. No one owns it, everybody participates in it's success and benefits from it as a whole.   This is Nxt Generation thinking.

Like our development ideas, we have adopted Nxt as our technology model and foundation.

Keep the karmic energy and our input flowing by donating to the NOVA GAIA Foundation For the Betterment of Humanity - NXT-ZYW3-HEDJ-G98T-E76CQ
« Last Edit: May 17, 2014, 07:49:42 am by P2PGuy »
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farl4bit

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Re: Thinking Bigger with Nxt
« Reply #1 on: May 16, 2014, 10:36:54 am »

Nice to read your vision! I think Nxt will very big if we get all these things done!

Be the Nxt Generation.
Nice slogan btw  ::)
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P2PGuy

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Re: Thinking Bigger with Nxt
« Reply #2 on: May 16, 2014, 01:41:19 pm »

Nice to read your vision! I think Nxt will very big if we get all these things done!

Be the Nxt Generation.
Nice slogan btw  ::)

thanks. It's a good call to action.
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