ok,

so when NXT goes to $0.20, set min fee to 0.50, NXT goes to $0.40 set min fee to 0.25, NXT goes to $1 min fee to 0.1, etc.
If someone creates a forum poll on nextcoin.org and majority votes for this min fee setting ratio (always keep min fee ~$0.10), would the devs implement it or would we still need to wait for the VS to be in place?

Jean-Luc, this is addressed to u.

All right. I am going to log out now. HAPPY NEW YEAR to YOU all, especially to BCNext, CfB, Luc and all others who are working to keep the network safe and secure. WISH you all a prosperous 2014.

It's blocks.nxt and transactions.nxt, not nrs.

Edit: nevermind. I mis-read that.

People don't think in terms of crypto prices yet, they tend to think in fiat terms.
When/if fiat currencies do collapse, then it'll make more sense to tie the fee to something else,
but now, even from the marketing standpoint, it sounds great when you say that the fee is only 10 cents, all people understand cents, fewer people understand exchange rates and how much it costs in crypto terms. But when you say 10 cents, everyone thinks - wow, so cheap, I gotta have a thorough look into this online currency.

It could be a good idea but it could be difficult to implement and more difficult to know the exact fee at each moment you need to send NXT.

We could also tie it to the actual price to buy a cup of coffee or a big Mac for example. If we want NXT to be used in a widespread scale like buying food, gas, coffee then the fee has to be proportional. If a cup of coffee cost generally 2-3$, the minimum should no be over 10 cent. Basically tie the fee to purchasing power.

Fee is always in NXT. He means it should not exceed 10 cent. Cos you want to use NXt in the real world, shopping, buying food, coffee, etc.

That would be overcomplicating things, I am afraid.
We don't have stable software yet. The more features = the more bugs.
An additional feature of calculating the fee based on some algo will introduce more bugs and inconsistencies and user complaints.
Everybody understand $0.10, even those who have other local currencies. Most local currencies in the world are tied to USD in some way anyway, so people in other countries easily exchange back and forth from USD to their local fiat. At least while NXT grows it should be tied to something people are very familiar with. Just my 2 NXT cents.

So why are we even worrying about adjusting the transaction fees right now? If we are imaging a world where people use NXT to pay for cups of coffee regularly then odds are we have a fairly stable ecosystem in place. Again I think it's a good idea to design and think about such a system to implement in the future but why are we limiting ourselves with fiat?

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