4 ms·
The problem I see are holdrs. If a small group is holding and/or making 99% of a given "currency" then you get price inflation and bubbles. The reason why I ne
by sharemywin 9y ago
The problem I see are holdrs. If a small group is holding and/or making 99% of a given "currency" then you get price inflation and bubbles.
The reason why I never "invested" in ethereum there wasn't a limit to the amount of coins. Had I know the project was going to abandon it's responsibility and let the coin inflate to crazy levels I would have invested and dumped.
- bhazzard 9y agoIn contrast to "pure" currencies, I think this is actually desired behavior in the Appcoin space. It is a signal of faith in the long-term promise of a Dapp. I'd liken it to preferring long-term investors over day-traders.