NoCoin Ushers In A New Era In Digital Transaction Technology Promising To Reshape Financial Markets

By Smoljanović | Smoljanovic | 17 Mar 2020

Mankind Is Already Hardwired To Believe

Humanoids are already hard wired with the innate ability to sincerely believe in things that can't be scientifically substantiated and it probably would not be a difficult stretch to devise a system whereby they can be convinced to invest in virtually nothing.

The Introduction Of NoCoin Stage Left

Maybe I can somehow persuade the general public to invest in an imaginary virtual coin by convincing them the value of it will continue to increase exponentially! It seems logical that the sheer forces of imaginary expectations could successfully catapult the value of the non-existent product and pioneer a new era in the financial sector. The new coin proposed could be called NoCoin.

The cost of fabricating something that requires absolutely no materials to produce would surely work in my favor. I could produce an unlimited amount of the NoCoin for the same price as just one, although some arbitrary ceiling should be made for the NoCoin to instill an air of trust and create a semblance of credibility.

The NoCoin would be created purely by binary information technology type data knows as bits and have no physical properties. The NoCoin can exist in an Ether like void we could eventually refer to as an Ether or Ethereum network. No, on second thought, Ethereum would sound too ethereal and possibly impact this venture negatively. I did toss around the idea of using the nomer of Ripple until realizing it would sound like a potato chip and just give people the munchies. I will leave my office momentarily for a bowl of chips and return pronto!

I was initially inclined to call it CoinBit or BitCoin but I doubt those names will ever take root and have hereby decided that NoCoin will be the official name for my new cryptocurrency that will be unleashed upon the world.

All I would have to do is write some cryptographic software to keep a ledger of who has what, and who sends what to who, when and where. After all, it is always good to know who is on first. I can even make it somewhat anonymized to protect the guilty as well as the innocent.

The value of this non-existent coin would skyrocket with all the new investments if enough people were swept up in the new fad.

It would be important to keep the majority of investors convinced that my non-existent NoCoin had value with an advertising campaign to keep the buying price as high as possible. The few that may eventually go rogue can sell their shares to all the willing and eager buyers left over.

This new system could foreseeably revolutionize the financial markets and finally do away with the banking fat cats.

I would probably have to visit the local library to research and learn how to best market this invisible phenomenon but that should only take a few hours to figure out. It would be nice to do these type of projects without putting shoes on, as it's a bad time to experience human contact.

Imagination is a powerful tool. I really hope that all the investors never see this system for what it really is but for what they can imagine it to be.

Final Thoughts And Exit Stage Right

It is possible that people may lose faith in my system at some point in time and start to bail bringing the value down but it stands to reason that most people will follow the trend for the sake of profiting and profiteering.

I suppose that there would be some sort of risk trusting my software to never crash and delete all the records. If my software disappeared then I guess everyone who invested would be out of luck except for me.

On second thought, it may be best to leave all that for someone else to do. I have a feeling that someone will someday swing an enormous digital BAT and hit a home run for the minions of the financial market and revolutionize the analog world and make Brave Rewards possible for all.

Oh, wait! I have already created the SMO cryptocurrency before as noted in previous post Here Are The Steps I Took To Create A Brand New Token And Mint My Own Cryptocurrency.

NoCoin may not be necessary after all.