Post
Topic
Board Speculation (Altcoins)
Re: Tron (TRX) Discussion
by
Tokenista
on 13/03/2021, 05:27:25 UTC
I am not sure if this is a coincidence or indeed ERC is the pioneer, bsc and other platforms started using their POS or dex after seeing the success of ERC20, but they are superior because the fees of other platforms besides erc20 are not that high.

snip

I said that ERC has the highest fee, and of course TRX has the same low fee as BSc and does a staking program as you said giving daily 20% weekly 100% or other offers that make the BSC and TRON platforms in demand at this time, but at in the end I don't think the case will be much different from erc20 where a lot of scam projects will emerge.

That is what I am saying, you mixed 2 things I said.

1. There are good TRON earnings if you look through POL token, and Tewkens, and Super Reps, etc.

2. 20% to 110% ROI in short time frames are usually Scams. The only way it can work is if it is related to deflation of the Currency (either same amount in more hands or less in more hands) but any other way doesn't make sense. And sometimes even those deflationary ones, can be Ponzi schemes which are illegal in America.

A Ponzi scheme does work technically, in that the first people in gets paid as the others put money in. But then by the end the last ones in lose their money.

So you have to have outside funds coming in.

Bitcoin itself is actually kind of a Ponzi Scheme, except that it is novel and people continue to learn about it and it is a technological marvel (even with new ones being better) because it is unerrorable, no duplicate transactions, FEC was concerned with GameStop, but maybe if the nerdy gamers want, they can look up from the video games for 2 seconds to buy some stocks and maybe they can do it like Bitcoin.

If you have like a Blog with ads, you could use those funds to fund the Project to make sure it is not a Ponzi, and really, as I have stated before, the local shop is the best candidate to actually emerge as a strong entity in DeFi. Or a Larger corporate entity.

every one can create many things, but it will not be more popular just only for friens community, need some unique and supporting of mass media

You do not need that at all.

If I right now had a Sandwhich shop or Pizza shop, with lots of materials that might go bad, and not many people coming because of Covid, more so a few months ago but still now Business is low.

Say I own that shop, I am paying for Rent, and Lights, and everything. Maybe I have kept all my employees on because of the Virus trying to support them, maybe I couldn't. So now I need more money.

Think for a second about this:
If we look at the Giftcard aspect of Bitcoin and Crypto generally, if Grandma buys Billy a Bitcoin or part of one, he can either hold it or go spend it on his favorite things, where Bitcoin is accepted, or he can Buy a Giftcard on Gyft, etc. So we have to acknowledge that part of Crypto, where it is bought to be spent.

So if I am the shopowner with spoilage happening, and no one coming in, I could issue a Giftcard type currency. Or Coupon.

50% of all orders can be paid for in our currency, or 1 Crypto purchase per customer. Now, say you make an Ethereum Clone, Tokens would be easier but for the sake of this thread let's say the Pizza shop makes PizzaETH Chain. Now, they make an ANN thread here on Bitcointalk and say:

Pizza Coin, 2% Premine for Corporate use, 1 in store Pizza Purchase by Crypto per person, join the Pizza Mining Pool.

Pizza Pool also mines ETH and ETC and other ETH Chains.


So now the Pizza shop is mining ETH, they can say 10,000 PIZZA coins for 1 Pizza, until the coin is listed and traded regularly.

When the Price goes up the Pizza store says "1,000 PIZZA for a Pizza" and maybe eventually 50 PIZZA for a Pizza, but the shop owner is still holding all the PIZZA traded at 10,000 per Pizza. So there is incentive to hold, because if the price goes up you actually get more Pizzas, or you can sell the Coin.

And anyone could do this.

This could be done for actual gift cards, or in the McDonalds Monopoly peel sticker prizes "You won 100 PIZZA coins!", or at the State Fair as Coupons, at Venues for Concert or Sporting event Tickets, or by a City Bus App for Tickets, or any system that itself creates a product that can be traded for the Crypto product.

And, because it is Ethereum based, now people are making apps, and creating PIZZA games.

And any company could do this.

Local and State Government could let you use their Coin in app to buy Bus and Train Tickets.