If you seriously think changing the generation rate is going to give the coin value, then you're delusional. You can't give value to something that's worthless to begin with, and it's worthless because you can't SPEND it.
Thank God for simple math equations which tell you exactly what's needed to increase the value of a currency.
Yes, even a crypto currency.
Here it is, free of charge [this time].
Currency Value = Transaction Volume/Velocity + 1/SupplyLook at that, it doesn't get easier than that. And yes, you need to increase services which then increases the Transactions volume but look at the denominator where it says, supply; AMAZING, if you decrease that number the value of the currency increases as soon as demand or tx volume increases.
Now which variable is the easiest and cheapest to control in that equation; getting everyone to use DGC or changing one line of code? This is not a trick question.
How about doing that now (lowering the denominator - the supply) since it's free to do and will have a massive impact later on?
I know, genius idea!So while the devs work on increasing the transaction volume (mass adoption) why not
ALSO kill the inflation/supply which, if ignored, will absolutely limit any real future upside potential this coin has.
Amazing eh, doing two things at once for optimal results? haha!
You're welcome!Very good point. As well as many others I've seen expressed. I think what's kind of turning this whole conversation sour is the sarcasm from everyone. Lots of good points being made, but being taken the wrong way. Just a thought.