Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
It is "strange" and nice to see so many legendary users, known in the Btk forum, interested in a new currency, with a new protocol, new devs and new features, all new but still unknown to everyone.
What surprises me however is the "fear" and the doubt raised by many on the infinite offer of Grin, but, as was already underlined and shown by Theimos himself, after "only" 10 years Grin will have an inflation of 10% (Bitcoin after 10 years it has about 3%) and after 20 years 5%; what I want to point out instead is no longer the inflation it has and will have but I want to point out that we will always have only 86.400 Grin a day.
Given the goal and the goals that Grin wants / would like to achieve today and tomorrow, I do not find it so "scary" to have 86.400 Grin a day available to the millions of users it can have today and tomorrow.
Grincoin is not and does not want to be Bitcoin!
Meanwhile, an overview on the exchange where to buy Grin and their main characteristics
I realized this pretty quickly, Grin is not a big investment coin, it's a coin for Mass use, a fiat replacement. If it was something to invest in I would be anti their grin 29 to 31 method that goes full asic in two years. This is a coin that will pump out a ton of coins, why? Because the plan is for a ton of use, spending it at McDonald's and KFC, using it to buy coffee and magazines. The anonymity of cash with the ease and security of digital age. Tap mobile payments will be the killer app for this where the wallets send the payment scripts and run everything behind the scenes. This is the in person use coin and not for the speculative market, that's what Bitcoin is for.What surprises me however is the "fear" and the doubt raised by many on the infinite offer of Grin, but, as was already underlined and shown by Theimos himself, after "only" 10 years Grin will have an inflation of 10% (Bitcoin after 10 years it has about 3%) and after 20 years 5%; what I want to point out instead is no longer the inflation it has and will have but I want to point out that we will always have only 86.400 Grin a day.
Given the goal and the goals that Grin wants / would like to achieve today and tomorrow, I do not find it so "scary" to have 86.400 Grin a day available to the millions of users it can have today and tomorrow.
Grincoin is not and does not want to be Bitcoin!
Meanwhile, an overview on the exchange where to buy Grin and their main characteristics