Re:Decentralized Blockchain-Based Electronic Marketplaces
by krrrh on Monday January 15, 2018 @04:51AM
(#16149578)
> Filecoin's floor is the cost/demand for actual hard drive space.
I suppose that DentaCoin’s floor is the value of dentistry? What happens to its value if people decide they prefer ToothCoin? Or that dollars work for all of these things because fungability matters and you’ve got to pay taxes?
Imagining a significant portion of the economy using something like Monero is already a stretch, but there is no evidence that a separate currency for every product or service we want to interact with is a viable idea.
I suppose that DentaCoin’s floor is the value of dentistry? What happens to its value if people decide they prefer ToothCoin? Or that dollars work for all of these things because fungability matters and you’ve got to pay taxes?
Imagining a significant portion of the economy using something like Monero is already a stretch, but there is no evidence that a separate currency for every product or service we want to interact with is a viable idea.