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RE: IOTA - The Cryptocurrency That Jumped Into 6th Position

in #technology7 years ago

@Queeneleanor The actual supply is to prevent decimals in transactions. There is alot of coins but the scale-ability is insane The real question here is when will we start seeing IOTAS being sold for 50 cents instead of MIOTAS

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Got it...I don't know still though. My 6th sense is telling me to stay away. Then again, this is the same guy who bought into bitconnect! Stupidest thing I've ever done...just hoping they stick around for another 6 months.lol

Supposedly IoT will be $11T industry within a decade. That's trillions with a T. Suppose electricity bill is charged at 1 IOTA per kW/h, 1 IOTA could in fact cost $0.10. Money is all relative. In fact if all aspects of life one day run on a blockchain, money as we know it could disappear.