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Re:Is Web3 Bullshit? by flooow on Sunday December 05, 2021 @08:01AM (#29448945)
Yes, sort-of, the supply grows by a fixed absolute quantity every year. I don't really consider it to be a serious attempt at a useful cryptocurrency though.

I suspect any coin attempting price-stability (minimum requirement for a useful currency) would need some kind of central bank to control and guarantee the supply. (We have that already too! It's called Tether and it ain't great.)

Re:Is Web3 Bullshit? by abacadaba on Sunday December 05, 2021 @09:24AM (#29449420)
> I don't really consider it to be a serious attempt at a useful cryptocurrency though.

was being widely used for tipping when the lightning network was just a twinkle in btc's eye

seems to have declined for that purposed, but was the reason i have a small bag still. maybe missed my chance to sell at $0.70 but my original $70 bag i got to tip an openra server ended up doing quite nice ;)

someday my doge will hit $1