3 ms·
They pay in Filecoin, which is a fluctuating asset based on financial market conditions which have nothing to do with actual cost of services. Do your research,
by johnmarcus 7y ago
They pay in Filecoin, which is a fluctuating asset based on financial market conditions which have nothing to do with actual cost of services.
Do your research, else your just anther naive investor, or worse, con man. https://tokeneconomy.co/the-analysis-filecoin-doesnt-want-you-to-read-e60d5243f17c https://tokeneconomy.co/the-analysis-filecoin-doesnt-want-yo...
- capnwally14 7y agoLol, whyrusleeping is one of the core contributors to Filecoin. Also if the price externally is changing, you could just... reduce the amount of FIL you pay per GB. So if in t=0, the price of FIL is $1, and I choose to pay 1 FIL for 1 GB, and in t=1 the price of FIL goes to $2, I could just pay 0.5 FIL. Sounds like a miner (whose cost basis denominated in fiat) would be happy to accept either deal if its net profitable.