Post
Topic
Board Announcements (Altcoins)
Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes
by
Cryptoalt1990
on 30/11/2018, 13:11:07 UTC
Well, I am pretty saddened to see that there is already a new poll about having "POG v2" right after the first poll ended with "Exploring simplifying PODC" as a winner.

Frankly, I am not even sure why these polls exist. Are we going to have a new poll as long as the result is not what is expected?

I personally do not think it is going to help with adoption or value. I do think this uncertainty about the current PODC stake requirement is probably affecting Biblepay negatively, i.e, why would I buy coins to stake now if it may be removed soon?

I guess let's see the results of this new poll.

This is unrelated to the POG or algorithm discussion but I thought I would share my point of view on it:

I saw an interesting message by BBP537 in the "Mass Adoption for BiblePay II" thread. One thing that I would like to address from his post is that this person seems to forget that the coin needs value in order to help anyone. You can have x amount of coins to give but if they are worth nothing, you are not going to go far. This coin, and all other coins, have no intrinsic value. What gives them value is the exchange of resources in order to acquire them (electricity, computing power, stake, money, time, etc.). It is therefore normal for people that give more (and risk more) to receive more, and for people that give less, to receive less.  If you give nothing (or can't give), then you receive nothing. If you want charity (this coin dedicates at least 10% of its monthly emission to charity through proposals), maybe you should make a proposal, as with all other charity efforts. The charity efforts of this coin are through proposals (from the 10% budget), not mining.