Re:Signal adds a payments feature with a privacy-focused cry...
by monokh on Wednesday April 07, 2021 @11:21AM
(#26726207)
A cryptocurrency is generally more easily spendable in an open market. The sell potential that a founder has with 75% of the supply is massive.
If I created a coin today and sold 1% of the supply to you alone, on what basis would you want to store any value in that currency? Given constant buy demand, The currency's market value is defined by what I do. This is why organic price discovery for a currency is important.
If I created a coin today and sold 1% of the supply to you alone, on what basis would you want to store any value in that currency? Given constant buy demand, The currency's market value is defined by what I do. This is why organic price discovery for a currency is important.