Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
by
corather
on 02/10/2017, 22:14:01 UTC
There was a Quadrillion dollar call on the open derivative market. It may be closer to 2 Quadrillion now. 22 Times Global GDP. Do you think it will just go away? I suppose if you didn't know about the derivatives you would be in the dark on how this could occur globally.

The production of energy is the wholesale cost of power. 1MW is produced so the Wholesale PEG would be relative to reward SLR users at that level.

Fiat is always backing if SLR is paired to Bitcoin. This is the only loop that makes it worth something to anyone and why they would claim. If the Claimer just sells their SLR to get Bitcoin they say thanks and goodbye to the SLR economy. Do you think they will sell and buy back in higher? So why would anyone BUY SLR? It is only meant to claim inside your feedback loop. So there must be some Altruistic visionary people with a lot of money who grant their Bitcoin to give to claimers. There is no reason to buy inside this feedback loop you talk about.

Like I said before, Bitcoin is the Tow-Truck spewing black exhaust doing 100MPH on the freeway towing the SLR Hybrid that ran out of energy trying to keep up.

Hyperinflation is not going to occur on a global level, there are too many stop gaps in place for that to ever happen. Cash will always be king, because it works when nothing else does. Your idealism is just that.