Wallet to be implemented at the end of month.
First halving mid may .
Nobody takes the time to read thesis if they did they would understand its about building a 100 million coin holder network instead of mining server farms holding the majority of the coins.
Some day the coolaid will taste bad and they will wake up to the fact our current money system is a big ponzi scheme.
I think trying to predict specific cryptocurrencies isn't really going to be the way it happens. Different ones will be adopted for different uses. The idea that any cryptocurrency will replace central currency is too binary of a view. Most cryptocurrencies are too thinly held. Anyways, Pi in particular is too centralized and controlled, though it does leverage interest and social networks.
Sort of on a different subject, I did like Yang's view of Freedom coins, where the government would issue a fixed about of a cryptocurrency and fund it to the tune of hundreds of billions of dollars over some amount of years. As the commodity matured, they would wean social welfare programs off of immediate payouts an onto investable futures. The idea did make some traction in the Trump administration, but was never instituted.
Lol, I used Pi for a while. Not sure it'll take off.
Wallet to be implemented at the end of month. First halving mid may . Nobody takes the time to read thesis if they did they would understand its about building a 100 million coin holder network instead of mining server farms holding the majority of the coins. Some day the coolaid will taste bad and they will wake up to the fact our current money system is a big ponzi scheme.
I read the thesis. Actually, way back in 2019.
What do you think about its potential to replace the central banks currency?
I think trying to predict specific cryptocurrencies isn't really going to be the way it happens. Different ones will be adopted for different uses. The idea that any cryptocurrency will replace central currency is too binary of a view. Most cryptocurrencies are too thinly held. Anyways, Pi in particular is too centralized and controlled, though it does leverage interest and social networks.
Sort of on a different subject, I did like Yang's view of Freedom coins, where the government would issue a fixed about of a cryptocurrency and fund it to the tune of hundreds of billions of dollars over some amount of years. As the commodity matured, they would wean social welfare programs off of immediate payouts an onto investable futures. The idea did make some traction in the Trump administration, but was never instituted.