Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
toknormal
on 12/04/2022, 07:21:38 UTC

The Firo project is looking to follow in Dash's footsteps and improve their tokenomics by spending less on mining and more on value add.

A project doesn't "spend" anything on mining.

Mining is the cost of acquisition of the coin for outside investors when they purchase it in the primary market. (It's known as "on chain demand").

A project doesn't have "more available" to it for spending on value added by giving its coin away rather than selling it.

The only people that don't understand this appear to be Dash Kamikaze insiders who don't realise that this theory of giving away coins instead of exposing them to on-chain bidding has already been tested to destruction being that we've done it for 8 years and are at the bottom of the mined league in marketcap.