RE: Why Capped Tokens Are A Bad Idea

[captaincryptic]

When I created the !lolz token I capped it.

At 9 trillion! !lolz

But I agree with 100% of what you said. Moving forward with the LOLZ Project, I'm going to be focused on reducing inflation and finding use cases. Will also do some token recycling (buy backs w/ plans to reuse the tokens for other purposes) rather than burns.

Great analysis as always. Love the way you think.

Comments

[lolzbot]

lolztoken.com

Why do ghosts like to hang out in bars?
They enjoy the boos.
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@taskmaster4450, I sent you an $LOLZ on behalf of @captaincryptic

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[taskmaster4450le]

Well the definition of capped can be personal.

With a number like that, it is capped but might require, over time, a few reductions in zeros.

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[captaincryptic]

Yeah, our inflation rate is around 2000 LOLZ per day, so it will take SOME time to get to 9 trillion!

!lolz

[lolzbot]

lolztoken.com

The inventor of autocorrect has died
His funnel is tomato
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