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There are some coins that are just unsexy currencies and nothing else, with clear goals to optimize speed and minimize intermediate costs, and I think that's pr
by superchroma 4y ago
There are some coins that are just unsexy currencies and nothing else, with clear goals to optimize speed and minimize intermediate costs, and I think that's precisely why they're unsexy now. It seems to me that this space has been a fractal of ponzi schemes designed to defraud small and poorly informed players and when something actually works, it's immediately cast aside and shunned because it had no use to the carnival energy that large players are trying to maintain.
- tromp 4y agoAnd some with the clear goal of deterring speculation, by having a pure linear emission which keeps the yearly supply inflation rate high for many decades (taking a century to drop to 1%). Thus, no fear of missing out, early adopters are not favored, and later generations not handicapped.