Having just read through the entire thread I think one fundamental issue has not been raised or discussed. You are missing the commercialisation piece.
We are cut off from our customers, i.e. the people who are actually going to USE the coin. Correct me if I’m wrong, but transactions have fallen significantly, and no amount of theorising about the economics or inventing new technical solutions is going to change the fact that people aren’t using FTC for anything. You want to solve the problems with the world economy, great, who is going to use PoS, PoA, or PoW? As a consumer, I don’t have time to read around the topic to understand the solutions being suggested in real terms, and nor should I.
If you want me (as a new customer of the coin) to use your product, I’m going to need to be convinced it has benefit without having to understand the technology behind it. Give me a 2 line value proposition for these ideas!
Enough with the intellectual wanking; it is of the utmost importance that we start to re-engage with our potential users. I remember a time when our VP was that you could buy beer with FTC. It sounds simple, but that was such a key selling point to many people… where are we headed now? If I come to the forums and read the news, its way out of date. We need a new ChrisJ to keep the outside world up to speed with developments and to engage with customers to find out what they want. Customers --> requirements --> idea/solution --> technical development. That is the order of things and we don’t have customers right now.