As we all watch coino going through highs and lows we all have one common bond. We're here to make money. Like any money making endeavor, there will be moments of encouragement and moments of discouragement. I'm not going to tell anyone not to say what is on their mind, or attack them for feeling discouraged but there is a lot of reasons to be optimistic about coino and cryptocurrencies in general.
At times I'm happy that I mine coino - I create the value of it - for the long haul. If my plan was to flip it into fiat currency value I'd have to panic over the value of what the dollar, euro, pound, etc is worth - what it can buy. But I know that the euro, dollar, pound, etc have gone through times where they couldn't buy nearly what they're buying now and they've gone through times when they could have bought more than they can now....
Do you remember that the dollar was in crisis only 7 years ago? And the solution was the U.S. Treasury printing more money to cover their expenses! Now there are twice as many dollars out there than there was only 7 years ago. This means that money is worth half of what it was before. Smart business people saw this and invested in gold - a safe harbor from fiat - now gold is only worth 50% of what it was worth 7 years ago. The bottom line is - money is becoming more and more worthless everyday.
In order to spend money we pay fees and taxes and other costs(time for one). Do you really think the government is going to eliminate sales tax to save you? No way! Do you think the bank is going to eliminate all their fees for your convenience? No way! You've got see the existing monetary system is dying - it's choking on all the previous methods to squeeze a little more out of it. The world needs cryptocurrency to succeed.
So why coino? What makes it so special? Why can't I pay my rent with it already!? Why isn't it better than everything else today?
What you're really asking is: Why isn't this saving us from our fiat misery?
The answer is: It can. If we work together. If we withhold our needs from clouding our judgement. If we fight the temptation to screw other people over. Simply put, if we participate. Could any currency work if our plan is to sell it? I'm working to think about how to
use it.
Here are 10 solid reasons to believe in Coino:- Coino has a high speed transaction time - 50 second confirmations - allowing it to back a high speed transaction network - all other cryptos can't do this effectively
- Coino has a collaborative development team focused on rolling out innovative and high quality peripheral applications for coino
- Coino has strong leadership dedicated to security and growth
- Coino has an incredibly strong and unique online community who cares about the long term future of coino
- Coino is backed by a German marketing company with an annual revenue stream greater than most altcoin valuations on the market
- Coino will not be dropped by it's developers like so many other fly by night altcoins that are in the process of failing
- Coino blocks will never half and because of this the coins will become more scarce as more people mine them = this means that coino will become more valuable with every new miner and the sooner you start mining it the blocks you help find today will be even more valuable in the future
- Coino will only get more popular as the awareness spreads and this makes now the right time to get it
- Coino is working for the individual miner, not corporate interests and not multipools who dump coins quickly - killing the market
- Coino doesn't have delusions of grandeur, step by step, brick by brick, it will succeed - it can only go up in value as awareness grows - be part of that growth today and be rewarded
Damn right man.
