Creating our own cryptocurrency to crowd fund the Internet Party

"Technical and Business Trust
Do you have a thoughtful proposition of your technology that is in the form of a Position paper? A Position paper is not your “deck” in black and white A3 paper. It is a clear 2–3 page argument that you are trying to make that is supported by your technology proposal.
Once you have had your position paper out for a while, hopefully you have posted it on your website, or showed it to people privately. Your nascent community will be able to make comments, and suggestions that you can develop the Position paper into a White paper.
A Whitepaper details specifically how you propose your technology will actually work. These documents typically have very detailed architectures, unique scripts, user flows, a go to market strategy, a value proposition, and more detail about your growing team and advisors. Many have token distribution terms, and a usage of funds description that will tell supporters how you propose to go about your endeavor. It’s not so much a prospectus in the traditional sense, but it acts very much like one."

How the blockchain works:
https://medium.com/blockchain-review/how-does-the-blockchain-work-for-dummies-explained-simply-9f94d386e093

"When a digital transaction is carried out, it is grouped together in a cryptographically protected block with other transactions that have occurred in the last 10 minutes and sent out to the entire network. Miners (members in the network with high levels of computing power) then compete to validate the transactions by solving complex coded problems.[11] The first miner to solve the problems and validate the block receives a reward. (In the Bitcoin Blockchain network, for example, a miner would receive Bitcoins)."

Having read this article, I'm sold.

Good read re interactivity and integrations: ignore the particulars relating specifically to the Polkadot products but just read for general knowledge re interplay between local and existing networks: https://polkadot.io -> "Paper"

Gosh! You could have saved yourself the trouble! A former exec member whom you refused to find common ground with or acknowledge had value, has a family member right into all this stuff and could have helped.
(not me)

Ah, so the Internet Party is all about crashing the economy for their own gain?

There's very good reasons why private currency was made illegal and should stay so. And we should also be looking at banning the use of 'bank money' which, although in the same denomination as the state currency, is also private money and pushes both inflation and the collapse of the economy.

What do you mean illegal? Any retailer in NZ is fine to accept Bitcoin as payments

How We Got Here

Laws that make it illegal for you to print your own £5 or £10 notes have been in place since 1844.

Before then it was legal and it caused havoc and collapse of the economy. BitCoin and all the other crypto-currencies are set to do the same thing because everybody could produce their own currency as this thread shows.

Now, I figure that BitCoin is legal in the same way that artificial weed was legal when first introduced - their simply wasn't any law specifically against it. We need to outlaw it ASAP.

Those who fail to learn from the past are bound to repeat it.

That's interesting. Yet Bitcoin is alive and well and now widely traded. I am wondering whether they have overcome this barrier some way? And so if we wanted to make our own then we would need to go the same route?