Quote from: wmcorless on December 07, 2013, 06:53:38 AM

Quote from: bob131313 on December 06, 2013, 11:26:50 PM

So lets talk about the 100 trillion coin cap. CENTS is currently at 3 trillion and is struggling to hold value. How do you think this coin will do as the coin cap gets up there. What are your plans to manage the inflation.
I am all for new experiments in crypto, but not sure what this one is truly adding. If you are truly making a country..how is that going? How are the lemmings? What plans have been acted upon? At least Franko folks are paying a bunch of youtuber's to read a script and post that they swear allegiance, such a joke.
So, Great and Powerful Ruler, what say you?

- Court Jester

first answer, its going to be a while until the cap is reached, and if anyone is smart enough to figure out when that is going to be, I'd be interested to know as well. The coin has a halfing mechanism like bitcoin, so I have no idea when that will occur.
You are right that it is worth little right now. Another way of looking at it, you can buy it for a steal.
The country is just a figment of my imagination, some of you may remember during the mid 1990's there was an effort to create a libertarian country as a floating city on the pacific ocean. i believe it was called Oceania or something like that. The idea was a person could become a citizen and buy a hexagon floating parcel, that can be connected to other parcels and then buildings can be built on top of that. I believe they actually got as far as offering passports and citizenship papers, for sale of course. Now I hear Billionaire Peter Thiel is interested in the same idea. I just sent our white paper over to him, lets see what happens.
Haven't heard of franko etc., I'll try to look them up.
I'm glad to have a court jester, it helps to keep it real.

@wmcorless; Do you not think that the abundance of Paccoin due to it's mammoth cap could be seen as unattractive for potential investors? Wooing exchanges to add your coin in a long waiting list will be very difficult as the benefit for them having your coin on their site is making money from highest possible number of transactions. If you have so many available for mining why would somebody pay for Paccoin on an exchange? As an investor I don't see comparative advantage in having so many coins in circulation, I like to think I own something that somebody else wants and is willing to pay a premium to obtain it.

Regardless I have contacted Cryptsy to advise them of the coins existence, that being said would you consider lowering the number of coins available for mining as this could be the difference between potentially having the coin listed?