Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][QBC] Québecoin - A currency for the Québec nation - X11 - DGW – IPO
by
JPGagnon
on 01/04/2014, 05:00:10 UTC
Sure, let me send all my hardearned BTC your way...


Ah you ninja-edited your comment. When I saw that the first comment said "great" - I wasn't sure if it was sarcastic! I guess even a preemptive 69.5BTC strike doesn't work.

10 years before distribution is way, way too long, although your maple syrup prices are somewhat reasonable.

Well it's basically free maple syrup, you get the QBC too. Can't argue with free.


Overlooking the IPO, which in my opinion is a pretty horrible idea, something else I found peculiar --

Quote
We will wait until the end of the mining period in approximately 10 years to give each Québecer his share of QBC.

Umm... 10 years? Is that a typo? Did you mean 1 year?

Slow distribution does make some sense, but 10 years is insane.

I did mean 10 years, the end of the mining period is a major event. Although nothing is set in stone, especially that part. If Québecers adopt and love the concept like I expect them to do, we can easily change the distribution period. My second idea was doing the distribution in 5 parts - Once every 2 years coinciding with the block reward halving.