I find it funny how you all speak ill of the man who created all of this. You guys certainly aren't smart enough to create anything or even understand most basic things.. Dan Larimer is a great man.. he's not in this for the money. he's trying to make the world better unlike most people in your thread.
I will give you this part about it though.. Dan means well but he's bought into crypto being magic money he can just mechanically manipulate. That's not correct. That's not really how it works. You gotta fund these things..
When you talking about something like ubi.. Where's the money coming from. I'll tell you and i'm not going to spend alot of time on this you and your people in the thread much too dumb to get it.
We do it by a small tax on bitcoin and using something everyone is familiar with freemium services. You're correct people won't value a ubi token without the proper tokenomics interwoven into it..You gotta produce a situation that's deflationary and Dan still lost on the bullshit inflation and creating more of this magic money.
No if you implement freemium services. it's not about the price going up. It's about liquidity and a stable currency then you can move value anyplace with the liquidity to back it.. It's not an asset that's where you guys confused. You still stuck on the gambling in crypto mindset and creating dumb businesses on the chain. What it is.. and pay attention well maybe you took an economics class you sure don't seem like you did.
if the price is stable like a stable coin or currency think about how doge was before they destroyed it and elon made it another useless speculative device. BEfore it was a beautiful useful currency. That's what you need with a ubi project.
You guys still talk about hive like its some great product.. Well the market doesn't seem to agree. last i checked with eos it was in the top 100 you guys moving to the top 200 and 300, and a few of you all making money like anybody else cares.. you guys are silly.
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You're the one trying to build a community.
And you're doing a very bad job of it.
Seriously though you should outsource that job to someone else because hot damn.
It doesn't get much worse than you.
That' fine though everyone has their skills.
No one can do everything, contrary to your own hero complex.
lol, man. Show me these economists who think deflation is a good idea.
Like, that's just full on delusional.
Deflation has NEVER worked. Ever.
If you want to scale an economy, you need elasticity.
If you want to build a community, you have to have social skills.
If you want to create UBI, you have to stop Sybil attack.
Your project is going to fail on every one of these metrics.
Your project is going to fail and I will make a better one.
KK thanks.
Ah, you see, this is what we call "projection".
Anyone who claims they will create a product with billions of users is obviously delusional.
Even the tech that ended up getting billions of users didn't make that claim.
It's just downright silly and childish. You seriously remind me of a kid who tries to say we can eliminate friction and create perpetual motion machines by floating things on magnets.
And guess what: I don't trust you.
Like, at all.
Doesn't matter what you say: I don't trust you, and I'm not going to waste my time trying to verify your obvious bullshit.
You don't know what you are doing.
It's very obvious.
This is not a competition.
You cannot "beat" me.
Your incessant insistence that this is a zero sum game says it all.
You are not ready for this new paradigm.
You can generate value for everyone permissionlessly, or not.
Those are your options.
Choose wisely.
I just realized it:
You're the kid from League of Legends who blames all their teammates for being stuck in bronze league.
"Oh yeah I'd be able to rank up but all these idiots around me don't know what they are doing."
So this is what you're doing now.
Interesting.
I wonder what you'll do when you point your finger but there's no one around.
Where's your crown King Nothing?