Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 15%] [ZEIT KNIGHTS]
@kiklo
I can see why this might be attractive to some, certainly in the short term, but my initial 'vote' is to leave things exactly as they are for now.
We have already reduced inflation from the original specs by abandoning the 10% phase.
The artificially-manipulated low inflation rates in TRW can't & won't last.
Lowering production in order to raise the price only benefits the short-term speculators & dis-incentivises long-term investment.
Me, I'm playing the long game. I have faith that crypto-coins will play a pivotal role in the global economy in the medium-to-long term, and that Zeitcoin possesses all the attributes needed to become a meaningful part of that 'new economy'.
No gimmicks, no bullshit PR, just a solid, reliable, simple, energy efficient alternatives to the rapidly-imploding fiat system.
I can see why this might be attractive to some, certainly in the short term, but my initial 'vote' is to leave things exactly as they are for now.
We have already reduced inflation from the original specs by abandoning the 10% phase.
The artificially-manipulated low inflation rates in TRW can't & won't last.
Lowering production in order to raise the price only benefits the short-term speculators & dis-incentivises long-term investment.
Me, I'm playing the long game. I have faith that crypto-coins will play a pivotal role in the global economy in the medium-to-long term, and that Zeitcoin possesses all the attributes needed to become a meaningful part of that 'new economy'.
No gimmicks, no bullshit PR, just a solid, reliable, simple, energy efficient alternatives to the rapidly-imploding fiat system.
If the 5% rate dropped our inflation enough, I would never even suggest it.
But over 30 million per month will still be too high for the price to rise.
Our own coin is refueling our enemies sell walls.
We defeat BTC in every aspect, the only place we don't beat it , is inflation control.
That needs to change before we end up like Tekcoin & Hyperstake & Sprouts & Turbostake.)
(They also took a wait and see approach.)
Anyway, that is my opinion, if anyone has a better idea more than willing to hear it.
Staying exactly the same may feel safer, however it is the same as staying still in a house that is on fire, eventually your time runs out.
We still have time to control the inflation and stay in the BTC markets.
