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.
I beg to differ on one point.
If you browse pi message board it's not centralized it's distribution is world wide.
Bitcoin is very centralized and poorly distributed
And is very rarely used as currency anymore.
It has become a stock option.
It may not replace the central banks but if people would look into its distribution theory
and see its not a pyramid scheme but designed to expand to one day a billion holders it would be alot closer to a usable currency than any of the other crypto I've found.
I think to many people are looking for a get rich
Quick thing anymore.
I should use sections of the white paper
Instead of the share option.
The share cut paste is to gimmicky and seems
Like a scam the way they have it set up.
The world is dropping the petro dollar so like it or not our currency is all but done for.
It has deflated to the point that hyper inflation is
Not to far in the future.
A one dollar gold coin is worth 875 as scrap.
People don't understand that it should only be worth a dollar as scrap. They think the cost of a car has went from 3500 in 1974 to 35000 today.
They don't get that the cost didn't go up the value of there money went down.
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.
I beg to differ on one point. If you browse pi message board it's not centralized it's distribution is world wide. Bitcoin is very centralized and poorly distributed And is very rarely used as currency anymore. It has become a stock option. It may not replace the central banks but if people would look into its distribution theory and see its not a pyramid scheme but designed to expand to one day a billion holders it would be alot closer to a usable currency than any of the other crypto I've found. I think to many people are looking for a get rich Quick thing anymore. I should use sections of the white paper Instead of the share option. The share cut paste is to gimmicky and seems Like a scam the way they have it set up. The world is dropping the petro dollar so like it or not our currency is all but done for. It has deflated to the point that hyper inflation is Not to far in the future. A one dollar gold coin is worth 875 as scrap. People don't understand that it should only be worth a dollar as scrap. They think the cost of a car has went from 3500 in 1974 to 35000 today. They don't get that the cost didn't go up the value of there money went down.