People are not paying attention to the work what is really being done in Sys coin. Of course people who are in touch with them at slack and through other channels know where it is going to reach. Cryptocurrencies are hot and there is rush of investors to put more and more money in these. Syscoin show us reaching at 50k satoshi easily when all work will be completed.
Ya ok, I get that they're putting a lot of work in it, and I appreciate that... but my main question remains:
What are the advantages of putting a marketplace in a blockchain? What's the point? What are the advantages versus a centralised system like ebay (how will a blockchain compete with the efficiency a centralised system offers, how will syscoin deal with blockchainbloat, a blockchain is supposed to be immutable, a marketplace not (offers come and go...)).
Now, let's say I get a good answer to the first question, second question: why does a marketplace need its own coin? Syscoin says they will accept bitcoin and zerocash, so why do I need syscoin? I don't see ebay also accepting ebaycoin? So why sysCOIN?
So all respect to the devs, who indeed put in work, I'm totally not denying that, just fundamental question: Why put a marketplace in a blockchain, why does a marketplace need its own currency...
Thanks in advance,
best regards,
