"The only reason to artificially reduce the coin rewards 2 months in is to blatantly make yourself richer by reducing sell pressure. The honest way to make the coins you hold more valuable, if that is indeed the most pressing issue inside your morally object mind, is to actively contribute to the community. "
This is the core issue. The reason anyone would buy a coin is either to use it or to trade it for profit. How many people use Alt coins today for payment?
The coin's main financial purpose today is to be part of a game. The game we are all playing. To make money. The more this happens the more
likely Alt coins will be used for payment in time by the masses.
If you want to make a coin to use as an experimental base for new tech but not a coin of higher dollar value then you have done that with the existing reward structure. Please continue.
If you want to make a coin that does the above AND raises in value so more people learn about it by buying it and using it -- then change the reward.
See what is happening with "other" coins right now? The ones that protect investor value. They go up in value over time. As you said my response is a FU to miners
then your response is a big FU to investors and coin users. Brazil would be much more interested if the coin had it's value protected.
There is a happy medium.
Best of luck.
Your argument doesn't even make sense and you've seemed to miss the point. I think the people who believe in Myriad are the same people that think cryptocurrencies can revolutionize the way things are done. Innovation, development, time and effort are what investors AND miners should be looking for.
"The coin's main financial purpose today is to be part of a game." Your mentality is the mentality of these other coins you talk about - out to make a quick buck. No more than an innovation-less pump and dump scheme. Then you go on to say that somehow that would be good for the long term health of Myriad?! Why does a coin need to "protect value" if it's actually got things going for it? The value is inherent to the coin - just like the blockchain protocol is the inherent value of bitcoin. I see inherent value in Myriad that doesn't need to be protected.
"How many people use Alt coins today for payment?" So because they don't now, we should give up on people ever doing it, and sell out to make a quick buck? Just an amazingly self-serving way of looking at it. Maybe the point is to start developing, contributing to the community and creating ways for people to use it.
