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I understand the reason behind the why you aimed for scarcity, if I ignore for a second the probability of logically impaired the aim is (explained further three paragraphs below). My question is how will you create a situation of scarcity, if the supply didn't really depletes.

Let's assume with number, let's say you have 5,000,000 aspire token. Due to impulse, people will only buy when they want to donate, thus, on normal day, your token will still be around (for explanation purpose) 4,500,000-4,750,000 because no body holds it on their private wallet. So how will you create scarcity if your token has little to no purpose of being held on someone's wallet?

Situation became even more impossible to achieve scarcity, i.e. extremely low supply, because you even have a plan of forking when the supply depletes. It's like you're going against your own words.

And mixing (1) low supply to achieve higher values, (2) buying the token on an impulse, and (3) donating the bought token immediately for charity case, in one purpose is rather logically impaired. People will donate fiat-wise, and transferred the whole bought amount of tokens to the charity organization(s) immediately. Means, your current rate will not affect much.

On 2019, your token rated at $1=100aspire. Holy wanted to donate $1,000 to an eruption of Mt. Etna. Holy got 100,000 Aspire, which UNISDR immediately liquidate for $999.75 (minus transaction fee). On 2025, your project somehow still working and miraculously achieved scarcity, rated $1=1aspire. Holy wanted to donate $1,000 for third world children, bought and got 1,000 aspire which UNICEF immediately liquidate for $999.50 (minus transaction fee).

Got it?

Quote from: aspirecharity on January 06, 2019, 02:45:09 AM

What you wrote above is exactly what we want, people simply buying and using our coin to donate, even if it will be on impulses and not to do with gaining or earning money, that's not the case we want specifically. It'll also be likely that you will only be able to buy ASPIRE on the future ASPIRE Exchange.

This is mainly to make it easier for users to buy the coin, as it's not meant to be traded for profits, but rather for donations only. So limits and regulations will apply. I'll see in the future though, we announce these things on our Discord.

again, contradictory sentences and decision. You want to make it easier for future user to donate tokens by having them to be accessible only through your own exchange? Yeah, certainly it's very helpful and far easier than if the token can be acquired on many exchanges. I mean, it would surely be more challenging for people to buy the token on cryptopia or binance where they already had an account in, than creating a whole new account in a site that's entirely new (and only offer the said specific token pairs, if I may add).

Your 'argument' could be made toward any coin then, including real money, would it not? The coins always remain in circulation, scarcity being that there is a lot less of the coin. It is not very complicated or hard to understand..

Secondly, IF all coins are mined and not enough are in circulation, a fork could be required so that we can keep up the demand. Do not mistake my words, IF this occurs, it's unlikely, there are no future plans of a fork.

I get what you're trying to say, but there is nothing wrong with any of how it is set up, and it's also you answering your own question. Now, at this point it will be up to you to decide to follow the project into the future and use us as a currency to donate to charities in the future as well as watch us save lives or not, it is up to you.

It would be far easier to do it on a singular exchange owned by ASPIRE, which can allow easy one-to-one exchanges between a variety of cryptocurrencies and ASPIRE. Going on other exchanges like that can cost thousands of dollars in which ASPIRE will not be able to afford or do. We are trying to focus on making this easy for everyone, including charities.