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It's not decentralized because you're handing it out, otherwise I would have bought a few dolts. What are the chances that you won't create another IdiotCoin o
by divs1210 6y ago
It's not decentralized because you're handing it out, otherwise I would have bought a few dolts.
What are the chances that you won't create another IdiotCoin out of air tomorrow, thereby inflating its value and decreasing the value of my dolts?
- AnIdiotOnTheNet 6y agoIt is decentralized, as anyone who owns dolts can sell them. I'm just the only source of new dolts. If I die or stop selling dolts the supply will be even further constrained, making every dolt you bought an even more incredible value! > What are the chances that you won't create another IdiotCoin out of air tomorrow, thereby inflating its value and decreasing the value of my dolts? By the time the last dolt is sold, I will have made more money than actually exists in the world many times over. I'm not that greedy.
- biztos 6y ago> ...more money than actually exists in the world... If we can print money to bail out the hedge funds, we can print it to buy up Dolts!