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So far, rewards to early adopters have been the way to bootstrap a currency that's initially useless because nobody else uses it. Bootstrapping without that in
by DennisP 5y ago
So far, rewards to early adopters have been the way to bootstrap a currency that's initially useless because nobody else uses it.
Bootstrapping without that incentive would probably require promotion by some major entity like a central bank or FAANG company, which is likely to involve centralized control by that entity. I'm not convinced that's an improvement.
Maybe there's a better way. Any ideas?
- tromp 5y agoMake emission more gold like, i.e. linear in time, with a constant block subsidy.