If everyone made coins, tokens and crypto in their own name. Then the crypto world will be destroyed. The more cryptocurrencies that appear, not the better, the worse in fact.
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
Useless shitcoins don't have any effect on the crypto world. They just drown and may take a few uneducated unlucky investors with them. Utility tokens like store credits may divide the market and suck some value from the bitcoin maxis but should also expand the total market of the crypto world.
That's of course my brother. But if we associate it with physical money. Shouldn't there be a restriction to print it? Likewise with crypto, if there are no limits, it will damage the market.
Posted Using LeoFinance Beta
If the token can buy a thing and that thing has a fixed monetary value and a demand, then the token probably is worth about the same as the thing unless the market is too small for the token supply.
Like HIVE has a very extraordinary storage area. Other crypto are for trading only. I think crypto like HIVE, ETH are able to survive in the future.
Posted Using LeoFinance Beta
HIVE is a competitive option for all kinds of L2 dapps because of its fast block time, predictable resource credit model and good and trustworthy community. ETH will stay the central hub and launchpad for decentralized finance and other projects.
Right Brother. Thanks for the enlightenment about Crypto.
Posted Using LeoFinance Beta
Why do you equate it to physical money? We are not in the physical world with cryptocurrency. This is Internet money i.e. born and residing in the digital world.
What are the limitations in this realm? Computational power and processing speed? That is about it.
Posted Using LeoFinance Beta
How do you figure that?
Posted Using LeoFinance Beta
There will be inflation, because crypto is not a consumable product. If there are no restrictions, . It is seen from a social point of view, not from a mathematical point of view.
Maybe you can give another view. I need knowledge about it.
Posted Using LeoFinance Beta
This operates in the digital world. How do you get inflation when there are digital products and assets showing up daily.
Posted Using LeoFinance Beta