RE: Why I am Very Disappointed by the Upcoming V8 Removal of the Magnitude Component of the Gridcoin Staking Weight

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Why I am Very Disappointed by the Upcoming V8 Removal of the Magnitude Component of the Gridcoin Staking Weight

in gridcoin •  7 years ago 

Sure it does.
What will happen if people do not trust Bitcoin anymore? Well they won't buy it anymore en people owning will be selling. No demand and plenty supply means the price will drop en the coin will be worthless.
The only difference between fiat currency and crypto currency is that fiat currency is centralized government controlled whereas crypto is decentralized en controlled by the community. They are both based on trust.

gridcoin
7 years ago by

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