Post
Topic
Board Announcements (Altcoins)
Re: CRYPTO BULLION (CBX) | Inventor of PoSP! | 2017 Road-Map PUBLISHED!
by
elambert
on 20/07/2017, 14:32:06 UTC

Thank you for the clarification.
But still have a question, saying that a maximum of 250k CBX could be allocated into BPNs means that if at one point all the the 250k are full  even someone that will buy enough CBX for run a master node (2000, 1000, 500 or 250) will not be able to do so.  
Don't you think that this is a disincentive to who will be willing to accumulate CBX even at higher price?


The Crypto Bullion concept is unlike the inflationary fiat system, and this is intentional. We operate within scarce conditions of coin generation with our currently less than 1 million coins and a low 2% annual inflation rate. BPNs will operate similarly (without a limitless supply). If all BPN spots are full, investors will still have the option to stake via PoSP or to enter into the queue to secure a BPN once one becomes available. As the price goes up we will naturally experience BPN owners that are willing to sell their spots to those offering to pay a higher coin cost, so in my view this is a self correcting problem.

If down the road we identify this as an issue, we will review alternative options via our self-governance function and achieve a consensus solution.