Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | DarkSend+ Is Live!
by
stealth923
on 20/08/2014, 09:13:57 UTC
Your saying that deflation causes a currency to collapse. Id say this is wrong.

No, I didn't say that.

I said its economic role potentially sfifts from a monetary one to a utility one. In other words instead of investing in a potential cryptocurrency that sees adoption across many sectors of the economy, you're investing in a business with a fiat revenue stream.

The problem I see with that is not that it isn't potentially a successful revenue stream but that it changes the nature of the 'product' and makes it far easier for competitors to replicate.

Again, utility value and monetary value to NOT add. They are mutually exclusive roles in any economy. You don't add value to a monetary medium by giving it utility value - rather the utility value diminishes the monetary value by making it less efficient in a monetary role.


So what would be the difference when Evan open sources and another developer wrote the Tor service to sit ontop of the masternodes??? Darkcoin is still the currency???DarkTor is SEPARATE from the currency

You are getting stuck that somehow because its Evan developing the service that Darkcoin now suddenly is a utility based platform as a whole...you are incorrect.

Additionally you are concerned that the coin supply will drop due to the utility factor as opposed to it being a pure currency. Its acting just like a currency when people PURCHASE goods and services like DarkTor..Its an open market and the price will be corrected based on supply and demand, you of anyone I would expect to understand this.