I had a nice chat with the dev on discord today. SO here is what I have surmised. They have created a new altcoin, and want you all to send them the old XP, so they can print money with the new chain.
Also, I was silenced by him, because he didn't want me spreading FUD as he put it.
Right on, the real important thing to realize is that this whole thing will not come to fruition, since it requires money that the devs do not have. So this whole conversation is worthless, like the XP coin.
I read through your discussion with casey on discord.
Just to clear the things here, too.
1. Swap discussion is over for a long time. Things gets decided mainly in around dec '18 to feb '19. You mainly argument about swap details, for this discussion
you are to late not. Accept it or leave the project.
Community and Team discussed it and made their decisions! 2. The actual team tries to get this coin to a new life. The old chain is out of date, the wallet is shabby, the percentage reward (mentioned before) prevent the project to raise in value, due to big bag holders dumping their stakes. With the new block reward system the project have the chance to get back into a healthy economic environment.
3. Your argument about infinite supply lacks understanding of basic economics. I will try to explain it to you here as good as i can.
Circulating Supply: The amount of coins that can be traded.
Total Supply: The complete amount that is created.
Maximum Supply: Is the supply that can be maximum created on that chain.
So what these means for the economics of a chain if the max supply is infinite? The max supply goes into the price decision of the market you mentioned bitcoin as example on discord that the 21.000.000 max amount aren't affecting the price of the circulating. This is just wrong, sry.
Did you ever read the phrase: Then people will discover there are only 21 million bitcoin but 8 billion people?
This is the best example for how a max supply affects price.
What does that mean for eXperience Points? Changing the Max supply from infinite to 20 Billion will drastically improve the demand of these chain. Due where cant be more than this 20 billion.
So please, first educate about basic economics before running around and act like you understand it.