But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from???
After a few years all MINEX coins would be used up...
Ok but with compound interest, lets say you have 1000 MINEX...
After a year you get 800...
Now you have 1800 and will already receive another 1440 the second year.
In the third year you have 3240 Minex and will receive additional 2592...
You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE.....
And they cant pay the late investors a revenue anymore from the bank.....
It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something?
re-read the memorandum. the parking rate will reduces every year and even the minexbank reserve has been runs out the percentage that they take from miners will do the job it takes decades though.