/biz/ - Business & Finance

>>9841479
eh, the whole "mining makes it a fair distribution" is such a cop out argument. Mining doesnt make something fair, it makes the block rewards go to whoever has the fastest rig/ is willing to expend the most enegry on mining.

That being said, I am not going to simply fud 0xBTC... it was obviously a PND and I made 50$ off of it, which I kept in 0xBTC, which should tell you everything you need to know about my regard for it.

At the end of the day, the best argument for 0x BTC is the same argument for Gold. The reason gold worked so well for so long was because there was a natural limiter put on the gold production process by prices. The more expensive it became to extract gold from the ground, the less would be extracted. The more gold produces as extraction technology gets cheaper lowers the price. The point is, the money supply is not flippantly chosen by the centra, bank. The DISTRIBUTION isnt fair, since it only goes to fast miners, but the amount of token inflation is kept in check by the underlying economics. Literally any asset, besides gold, can be used in this way to create a money system.

At the very least, 0xBTC has this going for it. Its an ERC-20 w 1 feature, the economics/supply is constrained by economics of mining.

Its probably worthless tho lmao.

>>5431870
Do not eat bread with mold on it

>When buying Monero