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RE: PROJECT "CRYPTO" as MOTHER OF ALL Crypto currencies and automatizaiton on money
Again, which 'beautiful' concept you're talking about? I don't see one. To create a crypto currency and hope someone will buy it isn't a concept.
Idea is to create a crypto currency exchange on blockchain making the database decentralized and using the crypto of this currency as a measurement to all the others currencies.
Like in history gold was used as a measure and then to dollar and what next?
I tell you what is next - a new currency "crypto" - is the currency of the future.
It will serve as a basic currency and like that all the trade will sooner or later be in "crypto"
This is to be the most challenging project for the whole blockchain community, because it is supposed to be open-sourced and decentralized as ever.
Everyone in the world will join, this new concept will revoltuionize the perception of money.
This crypto exchange will grow into the worldwide database of all the movement of capital with transparency and security as never before. And everyone will serve to improve the system
This is going to make all the banks dissapear because we won't need middle man any more to exchange value - it all will make "crypto' as a new measurement of all things.
And this basicly means a worldwide system of money that just exists and nobody actually conrtols it, but everybody is part of it.
Exchange of currency that will have its own currency, which will serve as a basic measurement for every other currencies.
But you can ask by what the new crypto currency will be supported itself?
Idea to make it a constant - let's connect its value to the computing power (amount of hashs/s) - like 1 crypto = 1 Phash/s
And like this we are creating a new way to easily exchange money and grow its value and everyone is a member that maintains stability of the whole system.
I tell once again - I am just sharing this concept so we can discuss it and make use of the technology to the benefit of all the humanity