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RE: Chris Coney Interview with Jonathan Chou CEO of Bee Token 🐝 Decentralized AirBNB on Ethereum

in #dtube7 years ago (edited)

I would assume 15% of the value sold for each coin at sale. The reward would be based on total sales/shares. The problem is, the same people can set up and improve on how they organise start up coins every year, in competition with the last and each time get a massive payout. and the coin does not survive the small Majority once again gain while the Mass lose out.

What is the point of removing a fiat currency, if the market is to be flooded with too many Digital Currency. We have enough and should be working on consolidating a few currencies that can be used with less risk of loss of value. This flooding the market with new coins all the time will Kill them off. Trader will not wanting to be trading in 2000 currencies that all fluctuate with high variance. Where will you spend all the new coins. do you want a wallet you need 2000 coins it can work with, so you have the currency to pay a specific vendor?

I firmly believe that the coin who or one of the coins who will last and have a full life will be one with a social economics infrastructure in place as part of the rewards. this type of coin can only improve things for everyone and extend the reason of good will and equality. My views on these things I have not seen anywhere within r out of the Crypto, other then the mentioning of this or the system we work in does not work. and no one entertains the thoughts of solutions. I could go on and on. Maybe I should and maybe some might hear.