You are viewing a single comment's thread from:

RE: LeoFinance announces they will be making LEO liquidity providers whole!

in LeoFinance4 years ago

The price of the cryptocurrency in this instance is a direct reflection of how well the LeoFinance website is doing, which is a company. As it generates revenue, it buys up LEO on the open market, pushing the price higher. if the company is run by hundreds or thousands of individuals, nothing will ever get done, which is the major drawback of decentralization in any realm.