@bitcoinnoisseur
It is not that bitcoin is not viable. But the model bitcoin mining and dumping that is not viable. Also the merchants shops etc that accept bitcoin and dump it to fiat is not viable. Look at the price of bitcoin in the last few months.
The model has to change and that is what GAW is trying to accomplish.
And how are they going to change that?
In a free market, you cannot control the price of the coin. There will be no incentive to keep Paycoin when it's not as stable as FIAT.Literally nothing is going to change with paycoin, you are just creating a clone that is
not needed.