Post
Topic
Board Announcements (Altcoins)
Re: ★★★★ [CAIx] ★ 100% PoS ★ Upcoming wallet features released ★★★★
by
renisel2
on 18/06/2014, 20:42:05 UTC
Focusing on increasing the value isn't necessarily a problem.  It goes hand-in-hand with making it useful for something.  What I don't understand is discouraging its use by incentivizing hoarding.  It seems like they're trying to treat this kind of like a stock that pays dividends; but it doesn't pay dividends unless you hold a certain amount of shares, and the business plan to fund those dividends long-term doesn't seem very clear (and it's not really publicly owned).

Part of the reason I dropped out.  Their sole purpose is to raise the price only, not to have it used for anything.  And they can't even deliver that.

But doesn't this hurt the value of CAIx?  People who are disqualified dump and nobody has a chance to buy in as a node anymore.

Honestly we don't see it that way, we just want to reward the people that are simply holding this coin.
The dividend program and the way it works seemed like a very good way to do exactly that...


Why do you want to reward this?  To grow a currency, I would think you would want the early adopters spending at least some of their coins, and their reward would be the increase in value that comes with a wider user base.