RE: A Bit on Burning LEN Tokens
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Well to me , instead of burning - finding a way to distribute it makes sense, like a giveaway to new users ?
I say this because you already have a good usecase , there is no need of burning . I would suggest you distribute LEN token to already LENM holders or through some other way .
We talked about the long term plan of Liotes in this post and we would like to know where you see yourself in 3 years from now. What will you have reached thanks to crypto, what are the goals that you want to achieve?
I would to live on crypto . I want to move to crypto earnings full time right now but there is just too much speculation in my country about crypto ban right now so I am working on other projects in real life too just in case. In 3 years , I would love to be living only with crypto earnings and will do charity in my free time with my real life job earnings .
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Well, that's a very noble idea and thinking, but it's not that simple... :) "Burning" money doesn't seem like a positive thing, but if we say "removing" the tokens from the markets, it looks a bit more acceptable... The problem is that we don't have an infinite source of money to buy back all tokens out there, and we have to do this kind of measure to preserve the value of the token...
If we do something like you said, the value of YOUR investment would drastically go down... Think about FIAT money and infinite money printing... without any backing up that with some value... The result is inflation and less valuable money... We are trying to create something different and something sustainable in a long term...
Yeah... The only way that "they" can stop crypto is to ban it... But, I believe that even then, it would evolve and survive... Crypto can't be stopped!!
!ENGAGE 10
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ENGAGEtokens.2 credits + 3 bonus credits added
Thank you very much :) Appreciate it but I guess I am lagging behind in terms of credits .
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