Post
Topic
Board Meta
Re: Discussion about Tactics used on BCT
by
kilo17
on 22/06/2015, 06:48:06 UTC




Edit: PayCon is actually genius btw, because it has the inflation model that PayCoin would have needed to be successful in such that you have even higher inflation but you cannot buy it without knowing that it was built on opensource code without any promises. If you sell you cannot buy it back without paying more, if you own it and are Staking you may not even receive the highest rewards without optimizing your Staking and if you are doing that then you are also developing the Coin, securing it. There is a sweet spot for inflation, to have it moderately high enough that everyone will Stake it but not so high that one person can gain all the advantage or will continually drop the price over time because you want people that will trade it, create volume AND Stake as well. Calling something PayCon as a currency is the whole idea of decentralization in itself, like saying that you don't give a fuck about whether or not people see it as legitimate and it will be a success no matter what people think, got a problem with that? Simple, don't buy it because it's not pretending to be something it's not.

That is the best explanation of Paycoin, sorry I meant Paycon--shit i don't know what i meant - or even read-- Wink