Key message from Lon Wong:

Focus on the technology & its applications, the value of the coin will take care of itself.

There are some good questions being raised e.g. what are competing technologies to NEM? An example being cited is IOTA. Stephen mentioned that every cryptocurrency may have its strengths and disadvantages. NEM pushing ahead with its own strengths and finding/implementing applications.

Lon also added that people need to be realistic about the limitations on transactions per second (TPS), and how centralization would be needed to achieve extremely high numbers. Examples also being shared about financial vs non-financial uses.

In summary, it was a good start to the 1st NEM Thailand meetup with more locally NEM events to come.

Find out more at the NEMmeetup platform: https://www.meetup.com/pro/nem-foundation/

NEM Bangkok’s meetup page: https://www.meetup.com/NEM-Bangkok/

NEM Thailand telegram group: https://t.me/nemthai

Join as a NEMber: www.bit.ly/NEMbershipApplication