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These kind of tactics should be extremely frowned upon. Stellar is created from thin air (without mining) and they hold the majority of Stellar which increases
by Geee 8y ago
These kind of tactics should be extremely frowned upon. Stellar is created from thin air (without mining) and they hold the majority of Stellar which increases the price through artificial scarcity. Then they can bribe people and organizations with this artificial price. Same story as in Ripple who bribes banks to use their system.
- Svoka 8y agoIt's almost as it is an inverse pyramid scheme: you have a lot of stuff, so now you have to convince a lot of people that what you have is worth something, by giving them the stuff. Now they are interested in stuff being valuable too.