Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
marechoux
on 05/08/2016, 17:17:02 UTC
How intertwined do you guys think the Factom INC valuation is with FCT as a currency?

they get burned when entries are made


Are you sure this always happens?  What if someone purchases entry credits with a credit card from the website rather than with factoids, does the factoid supply still decrease?

Yes it decrease the same. If they buy with credit card, the merchant will sell over the real price to make a profit but factoids will be burnt exactly the same way.