Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
Really? Satoshi didn't create BTC to get rich? Have you asked him why he hasn't distributed to charity the 1 million or so btc he mined?
I will have to speak to mastercoin dev's about that bitcoin part, i don't recall a discussion where that should have been the case regarding issuances. regarding the exodus fee they just havent had time to take that out...
the mastercoin foundation is there to develop the master protocol and ensure that mastercoins have some value through uses. that is not a pump and dump, that is called being a rational economic actor.
you probably don't get that and that is why xcp will continue to devalue relative to btc. (hey if i am wrong i have a shit ton of xcp
) currently the only inherent value is attached to the issuance fee... oh those greedy developers making people pay a fee.anyway anyone investing money into people that have some pie in the sky idea should ask VC Matt Ocko of what he thinks of investing in dreamers. He also invested many millions into a digital encrypted virtual economy way back in the 1990s, he can tell you all about how that worked out.
I am very confident time will prove me right on this point, and like I said if I am wrong I will be laughing looking at my balance sheet.
The debate as to the value of XCP has been run through over and over: the market for binary options and derivatives with no counterparty risk is huge, and so the potential market cap of XCP does not explain its current market cap.
We will continue to add features that require the use of XCP for technical reasons, which will further increase its potential market cap.
Having spoken with a number of people, Counterparty's non-prohibitive economic ecosystem is one of its most well-liked features, and partly explains why many projects will be crowdfunding with Counterparty over the next few weeks and months.