CLAM is a great altcoin, there's no reason it can't be used for other applications outside of gambling
What's the advantage of CLAM over other existing altcoins? What are the unique features?
That you can use them to play or invest in Just Dice
i can do this with btc already, much more popular
No, actually, you cannot
Real talk though, what is the point of using Clams outside of Justdice?
(Against my better judgement) I decided to hold onto my 9.6(?) clams from my 2 claims and trade with them rather than cash out. I've almost doubled my clams, but I've still lost money, as the price has plummeted from .013 per to .005 per. Is there any reason for me to continue to hold?
You can speculate that some day it might be used for something other than casino chips at Just-Dice. Or maybe not. Hard to say.
Is there any evidence that Clams could one day potentially fill a niche outside of dice money? I've seen a lot of talk, but that's all there has been since the launch... talk. I can't see anyone taking an altcoin that is literally given away too seriously.
I personally do not believe that gambling is such a horrible frontier market.
In this case it is gambling + staking/mining.
I would expect that the CLAM on JD alone places us as the highest percentage actively staked network; proving that our PoWS incentives work.
As has oft been bandied about in this community, network systems benefit and gain utility from network effect.
We have a handful of
solid services. The emphasis in the previous sentence is important.
Better a handful of solid services than hundreds worth little.
The vast majority (not all) of alternative "cryptos" have little behind the curtain.
We have been plodding along for over a year with significant improvements in the codebase.
We intend to continue doing so.
I am personally the most biased person in the room - so you will, of course, have to look elsewhere for market advice.
I might be a little closed minded these days, but I do not see the need for crypto currency outside the crypto market....at least not for now. Maybe someday when the vast majority of people start using cryptos. For example, I do not need to use BTC, or CLAMS for that matter to pay my light bill, buy gas, buy a taco...I can use cash for that, or my cards, or if I want to get crazy..Apple pay.
I think cryptos fill the niche they need to fill: the crypto niche.
edit: I was kind of in a bad mood when I wrote this a couple hours ago. Don't get me wrong, I would love to see the day that cryptos become a widely used currency that you can use anywhere.
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