RE: [Witness Talks] My opinion about Ctime's burning tokens proposal? (ENG/PL)

You are viewing a single comment's thread from:

[Witness Talks] My opinion about Ctime's burning tokens proposal? (ENG/PL)

in blurt •  last year 

Does Rarity increase Value ?

Rarity leads to a high unit price of a species, hence to higher incentives to catch, which in turn increases rarity, inducing a higher price, higher incentives, and so on. An ongoing example of this kind of economic–biological feedback might be the case of the bluefin tuna.

Source: https://en.wikipedia.org/wiki/Scarcity_value#:~:text=Rarity%20leads%20to%20a%20high,case%20of%20the%20bluefin%20tuna.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  last year  ·  

....digital financial products are not comparable to real world commodities.
(top tip : never use wikipedia for economic philosophy - they tend to think mmt is a good idea!...bloody leftists. lol)

Taxation on producers is not a good idea - it stifles activity. (see every historical free-ish markets)
Taxation through coercion (not set to null? then no upvote) is not a sound strategy imo.
People hate threats.


Posted from https://blurtlatam.intinte.org

  ·  last year  ·  

I find Wikipedia to just be a collection of quotes taken from real books. Usually sourced at the bottom of each entry.

  ·  last year  ·  

Yes, you're right, that's why I think ctime is approaching this a bit wrong. However, some people will be tempted and the effect will be positive. Although with these threats and people, all you have to do is go back 3 years and it turns out that 90% of society loves threats and likes to adapt to them.


Posted from https://blurtlatam.intinte.org

  ·  last year  ·  

However, some people will be tempted and the effect will be positive

100% disagree.


Posted from https://blurtlatam.intinte.org