@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.And who said FIAT was stable? FIAT is as stable as Michael J Fox in the full thores of a Parkinsons fit. The only reason it appears to be stable is because fake money keeps getting printed to support the illusion of stability.
I just think our time and energy could be put to better use developing all our forms of crypto rather than fighting each other is all I'm saying because one day that FIAT is going to be as useful as the paper I wipe my backside with and we'll need something like the cryptocurrencies