Without fees, no one gets paid, without pay... people don't work.
It's the very same reason why socialism always fails, and will never ever work, because why would one person work their ass off to earn the same rewards as someone who doesn't work at all.
It sounds all warm and fuzzy at first, but that's all they're selling you on. In the real world, the shits dead on arrival, so put down that Kool-Aid... and back away slowly.
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With all due respect, what on earth are you talking about? Do you actually have any real substance to your argument? IOTA has incredible potential. Just because you can't buy a bunch of coins and stake them or get paid to mine doesn't mean the project is worthless. Gotta think big picture on this one man. Machine economy.
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How will it work, if no one is managing the system?
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Gotta read up on it my man.
https://iota.readme.io/docs/what-is-iota
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What's there to read:
Zero fees, who is going to get paid to maintain the system?
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Iota has probably the most potential of all cryptos if Bitcoin can ever be pushed of it's leadership position. Don't get me wrong I love Bitcoin but from a technological point of view Bitcoin is like a 1990 Cellphone from Motorola, functional but only to a certain point and Iota is the type of tech a time traveller from the future would be using. Bitcoin is for investments that don't need to be instantly confirmed but if you are in a store and you want to pay Iota would serve you and the people waiting in line behind you a lot better. The transactions are free but your device is part of the system. Everbody contributes, everybody benefits.
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But if no one is getting paid, who is going to maintain the network? The computers, the software, the electricity... if they aren't getting any money?
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