RE: Bitspark: The World’s First Cash-in Cash-out Remittance Platform Leveraging Blockchain Technology

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Bitspark: The World’s First Cash-in Cash-out Remittance Platform Leveraging Blockchain Technology

in bitcoin •  7 years ago 

Thank you for this detailed information, i had a look at Zephyr before as i love to support all coins coming to bitshares.
However, it looks like there will be a lot of inflation on this coin which is not really appealing when just holding it as an investment...

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The 25% fee buyback ensures there will be constant buying pressure, although Bitspark has not decided if they are going to burn buyback tokens or keep them in reward pool. There won't be hyper-inflation because as new users receive zephyr for completing economically beneficial transactions for the remittance network, there will be a buyback on the other side.