MLM coins, air coins

in coin •  4 years ago 

Bitcoin is a self-witnessed prophecy," Satoshi Nakamoto said that there is nothing wrong with the phrase. But! Can Satoshi Nakamoto say, I can't say?

So many people in the currency circle also started their own performances. They claim that their project is also "self-fulfilling prophecy" and is based on consensus. As long as more people think their currency is valuable, their currency will be more valuable.

Is it really?

"Consensus" has become the most abused word in the blockchain industry. Basically, if you choose a word to represent the currency circle, it is it. Now, all blockchain projects are talking about consensus. There is a phenomenon that It is air coins, the more they brag about consensus. These model coins and fund trays are the most violent, because consensus is their fig leaf. Without consensus, they have no other selling points to talk about.

They spend all their energy on marketing and publicity, rubbing with traffic, and rubbing on hot spots. Sometimes they design a lot of games like MLM funds, trying to attract more people to participate, because more people participate , The greater the currency consensus, the higher the price of the token. But this kind of consensus is not recognized, it sucks the blood of a group of investors.

We don't care about Aircoin for the time being, but there is a saying that there are many blockchain projects, especially public chain projects. When they first started financing, it was just a concept. After financing, slow publicity, slow development, or attract ecological investment. The more publicity, the louder the market voice, the higher the currency price, the greater the incentives, and the more positive the ecological aspect. When the ecology develops to a certain level, the public chain is ready.

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