Post
Topic
Board Announcements (Altcoins)
Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO
by
!amDOGE/5/M
on 11/06/2014, 18:42:09 UTC
PND is interminably inflationary with 2.5 percent interest.  

Honest question.

PND is infinitely divisible,  why do we need inflation?

Would you continue leaving your wallet open / try helping to secure the network if it weren't for the interest you're getting?

"PND is infinitely divisible"

I'm not sure how this relates to anything.

I would leave my wallet open to collect transaction fees.

["PND is infinitely divisible" I'm not sure how this relates to anything.]

Then you didn't give my comment much thought.

 If something is infinitely divisible, why do you need to create more of it?

"I would leave my wallet open to collect transaction fees."

What if there are other people that do not think as far? Less people making transactions means less transaction fees as well.

There's a reason why regular banks give you interest on the money you have laying there.

"If something is infinitely divisible"

So we would end up like 365coin or 42? No thank you.

Would you prefer paying 100 coins for a soda or 0.0000000000000001021? The smallest unit is still considered the satoshi anyway.