3 ms·

Why do you call it a shitcoin?

• brndnmtthws 9y ago
  It has an uncapped supply, and inflates at 1% per year. It doesn't really seem to offer anything compelling other than its A-list investors. It was also created by the same person who brought the world eDonkey 2000, Mt. Gox, and Ripple.
  • nebulous1 9y ago
    Those are all very successful projects. All the bad stuff that happened at Mt Gox occurred after he sold it to Karpelès.
  • horsecaptin 9y ago
    Isn't it's main value prop fast transactions? It isn't really meant for storing value is it?
  • watoc 9y ago
    I don't have an opinion on Lumens but the fact that the supply is uncapped would make it much more suitable as a currency.