@above, sorry I'm not good with iOS. But those virus checkers block all RPC qts with the mine in wallet feature from way back in the day.
back in the dawn of alts daze
--
Stop't by to ponder the value of UNO as measured by reward of other chains;
Examples:
Bitcoin rewards 12.5 btc per 600 seconds.
0.0222 buys 1 kilo UNO
or 0.11776% of the 10-minute
BTC block
or 1.07 seconds of
BTC block time = 1 kilo of un block time
(∴)$UNO demands around 4-5 seconds per day of
BTC (daily reward supply) invested per day to save off inflation.
STABLE coin.
Cheap life insurance? You bet! Imagine the average Joe buying full coverage for 10 sec of his time, fixed rate for ever, cuz that's in the code.
Okay not "forever" but 20 seconds after halving, 40 seconds in 4 years after that, 1.33 minutes 8 years later, near 2.666 minutes 12 years later, and 5 minutes of the ASIC industries daily time round about 20 years from today. Sound OK?
Now further on the btc-ASIC-industry need only invest seconds of their workday to support a product they get virtually for free along side their precious ore. Now add competition (for $UNO network security) via bCH & bSV pools doing the same.
Diving deeper?
Let's ... btc-ASIC-industry needs ... Vision.
Such as reinforcing $UNO as the store of value. How? Why? HODL $UNO when BTC is bullish, but sell the BTC. In reverse, HODL the
BTC when BTC is bearish, but sell the $UNO to supplement mining costs.
Else the only other option is fiat cash reserves, which is not very crypto-like.
But true to blockchain ethos is the golden triangle of the sha256-ASIC-industry, aka BitMain Inc, is to store value ($-fiat) in $UNO in the summer months, and to store up
BTC in the winter months. Why sell BTC below costs?
Are there other SoV, yes, but not within the sha256-ASIC-chains, hence are not paid to sha256-ASIC mining operators.
BTC > build $-fiat-reserves >
BTC-support-$uno-minium-
BTC-drawdown-level [As the wheel turns
BTC bullish]
$uno/USDT/etc > drawdown > $-payment for mining costs [When the wheel spins
BTC bearish]
ie
Store $UNO sell
BTC in the Bull
Store
BTC sell $UNO in the Bear
The magic is maximizing ROI
that is for sha256-ASIC-industry and their fund managers to calculate.
Right now, it is to the street level investor (whom lacks an ASIC factory) to get ahead of the game and to bring this concept to the table.
It is..
vs. the guys that built $uno with these
