Amazing. We have a plan for a cryptocurrency based project that does not discuss token burns but instead growth.

To let everyone in on a conversation Khal and I had about 2 years ago, we were discussing the inflation rate of LEO. He was of the opinion, at that time, that he needed to reduce it. I contested this.

The challenge arose in the fact that due to something in H-E set up, the rate was higher than anticipated. I forget what the exact number is but lets say it is 20%. My answer was simply to offset that with 125% growth.

This was before the take-off of Leofinance. About 6 months later, things clicked and the price went up significantly. Considering this was March/April 2020 time period, we can see from the monthly user chart, we are roughly 10x from those levels. Any wonder that the token price went up?

Growth is something you do not hear discussed in cryptocurrency. Isnt that ironic because that is exactly what you hear discussed in the business world? Instead we get the idea of burning 10% of the tokens. How come companies like Apple, Tesla, and Microsoft are focused upon growth? Perhaps there is a reason they are some of the most valuable in the world.

This part of the White Book drives home a point many of us have been making. Each LEO holder has stake in what is taking place here. Thus, it is the responsibility for each of us to improve the value here. You are essentially an "owner" in the platform.

It requires a shift in mindset. Most complain about how unfair the existing system is and how most people are shut out from owning significant assets. That is true. However, when given the opportunity, how many are willing to take responsibility for that.

The numbers (growth rates) mentioned here are possible but it is not going to come from the core team. It will take hundreds and into thousands of people.

Time for everyone to step up.

Posted Using LeoFinance ^Beta