Post
Topic
Board Announcements (Altcoins)
Re: [DVC]DevCoin - Official Thread - Moderated
by
melodiem
on 30/01/2014, 12:27:43 UTC
Defining dvc as only a stepping stone to fiat misses the point. Before recipients received dvc they didn't receive anything, so devcoin doesn't owe them a easy guaranteed fiat return. Realising returns should be a challenge forced upon those people and the contribution of a devcoin economy itself.

In the case of developers I totally agree with you, and from what I think I understand, DVC will make a way for that to change and the more activity and interest in DVC, the sooner/faster that will happen?

BUT

I followed an ad to get here that said "get paid for writing", so I think it is reasonable that people also following that same advertisement (that really is pretty much everywhere) will expect to get paid for their writing.

I hope one day they can pay the plumber with DVC, but right now it isn't an option, so the additional challenge only throttles growth of interest and activity.

If there was already enough growth and slowing it made sense (it might, is that an inflation issue?) then I would understand why it seems important ALL devtome writers/devcoin community contributors become traders.

As it stands, from a simple chicks point of view, Im delighted to see technology on the horizon that might just Keep It Simple Wink

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But I don't think the average dvc earner needs to be playing the markets. Put simply, if enough people think devcoins are worth more than their price then value will rise, and vice versa.
how long do you see before that will happen?

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your currency exchange challenge isn't really about trading complications, it's because there's not enough price stability yet.

Not really..

Its the risk, and the lack of knowledge that is the challenge - the language around trading, the websites I have to join (vicurex isnt exactly newbie friendly) then I have to know how to put my stuff up there heck, apparently I can even accidentally put it on the wrong side? and lose the lot in my first moments like other people have.

Price stability is the one thing outside my control, that I personally cannot screw up so to be honest, its not my biggest concern. (not that I dont care...just comparatively)