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Thank you. Those links were informative. However, with extra shares authorization and in the Yandex golden ticket case, shareholders/the board, voted to go ahea
by goldenkey 9y ago
Thank you. Those links were informative. However, with extra shares authorization and in the Yandex golden ticket case, shareholders/the board, voted to go ahead with those dilutions. This is quite different from a centrally controlled coin where the users are really just hoping for "good will" more than anything. No matter what, you would expect those who have a stake, to want to increase the worth of that stake. Problem with crypto is...they dump and no one finds out until later. And once they dump, they could care less about upholding the value through good management. For example, Charlie Lee, pumped then dumped LiteCoin just last week. Literally sold all of his coins. The price crashed hard. Now he can care less.