We know what a Ponzi pyramid is ...
Our scheme has nothing to do with it.
Our scheme has nothing to do with it.
Really really bad choice of words, right?
A coin that only goes up is impossible to achieve in a free market! It can be done for a while if you manage to restrict selling and somehow pump enough money to buy back the sold coins but sooner or later it will become impossible to keep it at the same price as you will simply have to cough more and more to keep the prices high.
There was a way of trying to achieve something like that which involved decreasing the number of available coins by burning them, making the coins artificially scarce and thus driving the price higher but if your choice of burning is through fees it will make people no longer coin coins thus the usage will fall down to zero and so will the price or by burning coins from all address which from an individual point of view will negate the growth in price as you have less coins.
So no, no perpetuum mobile coin!
