this is absolutely true i got the same opinion cant be sold
Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..."
Ok Dinar is Served! Rupees? Lira? Anyone...
See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go...
Gotcha! Looks like you didn't get it. What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part.
Cheers!
No, you still don't get it... The problem is your perception just to say what is "this" doesn't pay the Merchants bills for the cost of goods you buy from them. They and their suppliers must also say what is "this". You can give ETH to buy Gas with, then give SLR to pay your power bill, then give BTC to pay your rent with. You say... but these are all I have to pay with, everyone take them as payment since you can see they are valuable by the exchange price. Then you find you have no where to live and no power even if you did have a place to live (unless you are a claimer but now have no where to put your panels), and finally you end up having to hitchhike because all your Rupees, Dinar, USD, Lira have been spent buying Crypto.
Maybe the person that picks you up as a hitchhiker will take Crypto from you though, and you can tell them about how you can give them BitCoin so that they can then go buy SLR with it so you can then sell off your SLR to BitCoin and then sell BTC to Dinars in order to pay your rent when they buy in... But why didn't you just take the BitCoin and sell it first instead of giving it to them to buy SLR? Well you told them SLR was going to the Sun, better buy in now, and instead of you buying the SLR you let them buy it hoping they pull out their wallet and buy more BitCoin to buy more SLR with. I get it now, but you still need Dinars for your Dinner!
Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead?