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What's funny about this comment is that literally every extent currency in the world is a fork of gold.
by andrewla 9y ago
What's funny about this comment is that literally every extent currency in the world is a fork of gold.
- vkou 9y agoYes, but unlike Dogecoin, those currencies have an army, a navy, and a tax collection office to give them value.
- Casseres 9y agoI read a comment on Reddit where some people were speculating about the future of their coin. (This is a coin with "masternodes" that vote on how to spend a discretionary mining tax.) They speculated that one day they might vote to hire mercenaries to protect the coin's value.
- vkou 9y agoAt the point that you need to hire mercenaries to protect your coin's value, why not just use them to rob people, or extort protection payments?
- Casseres 9y agoI don't know, and I'm not sure how mercenaries would affect the coin's value, but the thought is scary, and it offers a potential counterpoint to the comment about coins not having militaries giving them value.
- nerfhammer 9y agoFWIW, China was on silver