You are viewing a single comment's thread from:

RE: Smart Money: Rebranding Cryptocurrency for Mass Appeal

in #smartmoney8 years ago (edited)

thanks, i'll stay with crypto-currencies.

smart money reminds me of orwellian smart phones and smart tvs that spy on us, which is exactly the future that the cypherpunks and crypto-anarchists wanted to avoid.

i don't need any of that. fortunately, there has always been a way around these things if you take action for yourself. unfortunately, not many do, so in the future we will have a 2-class society of government-and-industry-directed "smart zombies" vs hackers and people who can take control of their devices, finance and other affairs on their own.

Sort:  

If you think about it, open chains like Bitcoin are fairly close to Orwellian. Staying truly anonymous is a challenge. Privacy-oriented coins are supposedly better but who knows for sure.

Further, the idea behind using the name smart money is to remove mental obstacles to acceptance of money like Bitcoin, which will further the growth of these independent, decentralized token networks. In the end, the idea is to get more people on your side. And claiming stake on a powerful name like smart money gets out in front of centralized, power hungry interests like Apple, Google, governments, or a consortium of banks who may choose to use it in the future for their (potentially blockchain based, but under their control) own currencies.

maybe it's time to ask the mainstream what they like and what thoughts are conjured up with these two terms: eMoney and smart money? I might do a twitter and facebook poll....