This is the first time I open a new thread in peercointalk forum. Let me do a short introduction of myself. I knew Peercoin several months ago from my friend. After reading and thinking a lot, I believe in Peercoin now. And I believe PoS will be the top contribution to cryptocurrencies after Bitcoin, and the world will thank for Peercoin developers and community, it is only a matter of time.
So I wrote an article to analysis the advantages of Peercoin, in order to introduced Peercoin to Chinese. This article was initially issued on my friend’s website “Chinese Peercoin Community”, here is the link http://diandianbi.org/archives/2254. This article has been forwarded to many Chinese websites and forums, and has been read for more than 10,000 times. “diandianbi” is the pronunciation of Peercoin’s Chinese name.
I feel that we should promote Peercoin, we should let people know this best cryptocurrency instead of store up it in our hands. Let’s go to the important part.
Idea to Promote Peercoin Using Peershares
This idea is to set up a fund which helps US and Europe investors to get much higher interest of their deposit. The fund can be issued and interest can be distributed using Peershares and Peercoin.
There’s a strong need in the market to get interest from people’s deposit. As I see, in Europe and USA, the interest of deposit is almost 0. But in the other side of the earth, the second largest economy and market, the deposit interest is more than 5% a year now.
You see the big difference? If we can have a manager to issue a fund using Peershares & Peercoin and deposit this money (CNY) in China’s bank, we can make a much higher interest for investors.
I believe that if you hold Peercoin, the profit will be much higher than invest in this fund. But if you think you want to have different kinds of investment and you’ve invested enough in Peercoin, you can think about this fund.
This fund cannot be big, because China has laws for foreign exchange control. In order to avoid breaking any laws, the fund should be kept under a defined amount. I don’t know the exact number, but I know a Chinese personal is allowed to exchange 50,000 USD a year.
This thread is only to come up an idea to promote Peercoin. It doesn’t mean I could do / not do something related.
I just think this may be a good idea to help people use Peercoin, hold Peercoin and get benefit from Peercoin.
Let’s talk. It’s only an idea.