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Topic: Types of monetary experiments (Read 232 times)

sr. member
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Duelbits.com
newbie
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January 01, 2021, 08:45:31 AM
#1
So i had an idea for an asset that only increases in value (In terms of USD) But that's also assuming that users don't sell a large portion of their holdings and also assuming that there is a consistent flow of traffic + capital flowing into the asset itself.

The one thing i'm currently looking into , is maybe a burn that would burn some of the transactions of each individual one thus increasing demand and lowering the supply available. But in my mind , if you need to burn something , it ain't worth poop.

Another option would be to set up derivatives with a USD pair and let others users bet against each other in a decentralized way. (Gnosis) Seems like it would drive users because who wouldn't want to be able to catch the falling knife , inviting traders and market makers into the space because they can bet against the other parties who are playing the game as well. (Hedge funds / Traders etc) Obviously this can be problematic because as more capital inflows enter the market and whales start appearing , I think there could be a host of financial manipulation against others. (Assuming that there is a large short position on our asset , and someone sees this and bets against them by going long then buying up a majority and or a lot of the coins in the market to push up the price liquidating the counter party risk. (or doing it the opposite way)

So what are some pitfalls that you see , and what are your thoughts behind my experiment?

Because i've come to conclude that people realistically are only interested in number go up not the tech. And if this is the case , would you join?

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