I would like to hear more thoughts from everyone about the "State of the (NXT) Union"
It helps form a better overall picture.
(personally I fear that NXT would never reach the outside world and will always stay in the closed circle of this community, but I'm a tech newb so it doesn't count for anything)
I would really like to hear reasoning from those that believe that NXT will indeed be:
a.) the first choice for decentralized exchange and an asset exchange (ahead of other crypto solutions)
and
b.) will be so widely used among people as something we commonly use on the internet today
I would really like to hear thoughts from people that really believe this and that really see the path to this state.
(what I'm missing here lately is a clear direction and some greater confidence, because lately when comparing NXT to other crypto solutions you can feel at least a lack of purpose)
Be honest (even those that want to believe) as to where NXT is and where it's going...
My view has already partly been made when I said that the "community" gets asked for its opinion *beforehand* too much instead of being asked for opinions based on actual products. So that's my view on our development cycle: hampered by a skewed view of decentralisation.
Second:
I do not believe mainstream people will use Nxt.Did that get your attention?
I go a step further and state:
most people do not use the internet.People use Google, Facebook, Wikipedia, but they do not use "the internet".
They have no idea what "the internet", and even more: they fear "the internet" and they look strangely upon people actually involved in anything more that using a search engine or a simple email. I am sure most of us know that already.
In a similar way, I do not believe the mainstream user will ever use Nxt: they will use the services made possible by Nxt, whether through the infrastructure or through well-hidden implementations of Nxt tokens within another system.Having had to explain "Nxt" to several "normal" investors, the first thing you notice is that they *do not care* about technicals and want to keep their users as far away from them as possible. They will never, ever put "this system uses Nxt" on their product. Forget it. The term "crypto" is too associated with crime and drugs to ever be used in any serious advertising.
We delude ourselves if we even think that Bitcoin under that name will be used. it won't: people are extremely afraid of it, and it doesn't matter one bit that this isn't true or not.
That doesn't mean that Bitcoin will be useless, it will just never be mentioned.
As far as I know, Nxt still functions in every way described. AE, DX, AM etc. are all features it has. Investors that I have spoken to see this value, and one has even bitten and will use Nxt (details to follow). However, will most people use Nxt? No, they will use his system "powered by Nxt".
The confusion comes in a large part from the way it was named at the start: as a coin. That name for what is actually a "token" used to operate on the Nxt system is misleading.
It does point to the value however. In the second part of the TF paper, it was called a token, too, and I think it's a good designation.
Recap:
1. What is Nxt? An ecosystem, encompassing all the features already described, to which the "Nxt" token grants access.
2. Will it be used by mainstream users? As a coin: no way. But then again, the same goes for all cryptos that call themselves openly cryptos. As an underlying infrastructure: hell yeah! It has more than enough potential for that.
3. Is this different from what we were told? I don't think so, but in my previous post I have already established that the same facts may lead to wildly divergent conclusions.
4. Am I blind to the tough times we are having and the lack of direction: nope. I just don't think it's an honest assesment of the four months of work and effort we have put in. Being "headless", this is nót unexpected at all.
Agree, I think this is the likely future for Nxt.
