@masterroshi just gave me some incredible insight into IBM choosing Stellar Lumens for the Stronghold Stablecoin and how its perfect for the US Government and the Federal reserve/Treasury system.

in stellar •  6 years ago 

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@masterroshi Showed me this in the @yensesa exchange Discord https://discord.gg/aannE7q and this is a HUGE story! This is the perfect tool for the US Treasury and Federal reserve and we MAY see Stellar added to coinbase.

https://cointelegraph.com/news/ibm-backs-new-us-dollar-pegged-stablecoin-that-runs-on-stellar-network

@mughat asked about the fees so I had to do a little research and found out that Stellar actually pools fees and redistributes them back to users so actually the more fees the better? :)

Fee Pool
The fee pool is the lot of lumens collected from transaction fees.
Stellar does not retain these lumens. They are distributed in the weekly process of inflation voting.
If there are any unallocated lumens after the vote, those lumens return to the fee pool for dispersal in the next round.

Reminds me of @dan Larimer's new plan to redistribute Ram Trading fees :D

https://www.stellar.org/developers/guides/concepts/fees.html

This will be HUGE and Like i predicted last year, Steller XLM Lumens will be pretty important!


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This re-distribution is very very interesting.

you are probably the catalyst for me to buy stellar now
not much am talking small positions like under 100 stellars ;)
hopefully they hit 10$ next year

Great oppurtunity.