Post
Topic
Board Announcements (Altcoins)
Re: Crypti | XCR | Ͼ | PoS algorithm | Ed25519 | 2nd Gen Source
by
Malibusparky
on 02/04/2015, 17:33:59 UTC
I understand the need to reward delegates especially this early in Crypti's life.
But .5% is still .5% whether Crypti is worth a dollar or fractions of a penny like now.
The ultimate goal of Crypti as well any other crypto is valuing the currency not in terms of fiat but as a stand alone currency itself.
Even if it takes 25 years do we not want the world to pay with Crypti because 10 Cryptis has a value of 10 Cryptis and not be thought of in terms of fiat value?
Imagine in fiat paying a .5% network fee every time you buy milk.
If Crypti will really be a payment method for merchants, paying anywhere near .5% even .1% is a lot every time I buy a tv, a mattress, pay my cell phone bill or renew my Netflix.