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@mykos
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There are many issues with this. However let me first start in saying that at the very least people are starting to take the space seriously if they are having this discussion or they are finally starting to see the tremendous issues they have.

":Again, we need to forget about Lambos, McMansions, and mooning. When dealing with the traditional world of finance, offering something that they can comprehend, with little risk, is appealing."

The problem is many are here for this simply because they don't see a significant use of crypto as of yet. So what they are really saying is let me play the casino. Then i will remove my crypto probably for fiat currency and go buy those things because thats the only real use i see in crypto despite my lamentations about freedom. This is a huge problem.

Why is this a huge problem? First of all a currency is no more useful at $1 than $1 million. It is a medium of exchange. It is not a casino, lottery machine. defi gimmick. It is not any of those things and because the space makes it those things it has so many problems. Velocity of money and use of a currency can create a large amount of economic prosperity That's why currencies are so useful. However let me address everything wrong with blocktrades proposal.

I'm sure he means well. However his track record isn't the best. He created this proposal system it was an absolute disaster. Now the hbd proposal whereas it is in the right conversation. I don't think his plans for how it could work will work. Where will the inflation come from? What is the inflation rate? Nobody knows right there you're probably going to be stuck at zero. If someone says they know the rate of inflation there are man arguments against that.

Hive economy feels more niche than able to support products like these. So Hive for its flagship product has very poor growth. There are tons of inflation on hive. Everyone is taking and earning hive and selling hive. Creating more hive, not creating significantly more money and more growth. That's leading to high amounts of inflation and its basic mathematics at this point. You just can't have that.

The barrier of entry for hive is still too massive to keep up. The people at the top are still too greedy only wanting to make as much money as they can gain as much hive as they can. However a millions zeros divided by zero is still zero. Let me just hint at this in conclusion.

This is going to be difficult to do. Several months ago i introduced what i believe to be the most important creation in cryptocurrency and it was called the BBD coin. It trades as a second layer option and thats exactly what you need to pull this off.

I"m not goign to go into big detail because this info can be found on my blog but i will say this part. BBD coins understand the vast relation between growth and inflation. If you look at the us dollar the inflation rate is based in large part on the size of the economy obviously. What we found was that the most important thing in crypto is wallets and payment channels. The more wallets and payment channels you have the higher the inflation rate is what we found in our model.

So for example if you were to take the value of a social network, we could use any network but i think the easier example is a social network. We are able to in some variety of ways come to the conclusion that the value of those social networks are directed related to the size of the user base. Thats why fb is worth so much because it has so many people on there. it wouldn't matter the business model. Having 2.5 billion people would still be of value. How much value. This is a similar question to gauging what is the inflation rate? Well to not overcomplicate it and to put it in a realm of trust and more security. The valuations we've often used in traditional companies and wallstreet valuations i think would be somewhat safer and appropriate.

So i could deduce something like the average rate on mainstream social media sites per account could range around $200 just for example. Now of course even thats not 100% accurate however we do have a range that may work better than standard ideas and models. So next knowing that value when account bases rise we're more able to account for new value coming in. That can give us a more accurate value to the stability of the project. Next you link a coin to it. This is the model for BBD coins. Unfortunately i believe the space beyond just trying to make money haven't considered these very important issues and thats why there is so much chaos. Why they lose so much money. Why they can't sleep at night. This will continue until the problem is resolved.

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