When will 1 Blurt = $100,000 USD ?

in blurt •  3 years ago  (edited)

Blurt is a Genius.

With Every post, every comment every Action on Blurt there is a fee.

It will cost me 1 Blurt to make this post, plus many more blurt to edit etc etc etc..

What happens with these fees ?

They are burned.

So with every single post, every single comment, every single edit … Blurt is burning Blurt.

There is a Supply of 440 Million, but every single time anyone does anything on Blurt that amount is dropping.

And the rate at which it is dropping is accelerating every day.

As more people join Blurt, make posts, comments Edits … there are more fees, more Blurt burned … So what happens if we run out of Blurt ???

When there is no more Blurt in Circulation? Is this possible ? How rare and valuable will Blurt become ?

Will 1 Blurt = $100,000 … or much more. Maybe $1,000,000

At that point they will need to create the “Blurtoshi” so that there are Blurtoshis to pay the Blurt posting fees.

1 Blurt = 100 Million Blurtoshis

A153FF33-B0DE-44AD-9366-E3B2F7941D0F.jpeg

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:  
  ·  3 years ago  ·  

1 blurt = $ 100,000....

I definitely buy a jet plane,,,....

  ·  3 years ago  ·  

I’d just buy some land on the Lake to build a small offgrid cabin

  ·  3 years ago  ·  

Sounds very interesting. Unfortunately, blurt is not yet $100,000

  ·  3 years ago  ·  

Beautiful…

  ·  3 years ago  ·  

Thank you. With your comment plus my comment we just burned .2 Blurt …. It’s dropping fast !

3BC67131-5D31-42AA-892A-BED58C622F15.jpeg

  ·  3 years ago  ·  

Yes. Blurt will be more valuable than Bitcoin.

  ·  3 years ago  ·  

Thank you. You just burned more Blurt.

Me too with this comment

9F847F48-0BE8-45F0-821F-01D88E10B7CD.jpeg

Sounds good to me. I will help you burn some Blurt.

  ·  3 years ago  ·  

You just did.

And so did I… the Blurt supply is evaporating quickly ….

7515426B-D7C7-418F-A606-21B71A77D2AC.jpeg

  ·  3 years ago  ·  

I've been thinking recently about the fees on Blurt. Look, I am interested in the following: Now, 1 BLURT is 2-3 cents. I pay 0,50-1,50 Blurt to post. It's ok. But what happens if Blurt hits 1, 2, or more fiat units. What happens then? It will be probably very expensive to post.

  ·  3 years ago  ·  

Yeah… better buy a few million Blurt while it’s still cheap.

  ·  3 years ago  ·  

I guess they will need to reduce the fees … Wen 1 Blurt = $ 1000 USD … the fee will need to drop by a few decimal places… like .000001 Blurt … or .001 Blurtoshi

  ·  3 years ago  ·  

Yeah, I've been thinking about it. Probably, this will be the easiest right solution.

  ·  3 years ago  ·  

Steemit/hive killer

  ·  3 years ago  ·  

Nothing will kill Steemit or Hive. They are also excellent places to blog and earn buckets and buckets of Cryptocurrency …. You Just need to play by their Rules.

  ·  3 years ago  ·  

No… just another place to blog. But better.

And who will be the owner of that one blurt?

  ·  3 years ago  ·  

You . If you can afford to buy Blurt at that price …. Or buy now at .02 pennies

Not acceptable

  ·  3 years ago  ·  

Huhh ??? What’s not acceptable ? $100,000 Blurt ?

Can you buy 1 Bitcoin ?

No.

But you can buy .0000000001 Bitcoin

I meant It won't be happened at all.

  ·  3 years ago  ·   (edited)

They said that about Bitcoin too…

If 400 Million gets burned …. Blurt will be worth much more.

No doubt!

  ·  3 years ago  ·  

You are helping burn Blurt with every single comment you make here. So thank you for increasing the scarcity of Blurt. And it’s value.

  ·  3 years ago  ·  

IMG_20220113_235844.jpg
@ayjoe said 👀

  ·  3 years ago  ·  

FB2A424F-C15D-49D2-8B57-80CE2BE3139B.gif

Congratulations, your post has been curated by @r2cornell-curate. Also, find us on Discord

Manually curated by @abiga554

logo3 Discord.png

Felicitaciones, su publication ha sido votado por @r2cornell-curate. También, encuéntranos en Discord

  ·  3 years ago  ·  

I can't wait for that day @offgridlife.

Hopefully it will no doubt about that.✊

  ·  3 years ago  ·  

You have a great pont of view! 🙏🙏🙏💪💪💪

  ·  3 years ago  ·  

Well, that's certainly an interesting question... but Blurt has "inflation" like most blockchains; the witnesses are mining new Blurt every day, and it becomes part of the rewards pool.

BUT... if the community grows large enough with enough activity, and the cost-to-post remains the same, I suppose we could eventually reach a point of the total supply shrinking.

Still, cool idea to think about!

  ·  3 years ago  ·  

I will ask one of the developers if they can post a ticker that shows how much Blurt is being burned in fees each day … I love the Cosmos ticker on Coinbase that shows me how much Cosmos ;(ATOM) I am earning every second…

  ·  3 years ago  ·   (edited)

Tickers are awesome!

It would be really cool to have one that showed the total Blurt supply... and how much is being mined along with how much is being burned... so we can actually see when the total supply starts cycling backwards.

There! I just burned 0.562 Blurt via the comment and subsequent edit to add this!

  ·  3 years ago  ·  

Very good news for user's 🤗🤗

  ·  3 years ago  ·  

I’d be retiring somewhere warm and sunny and far away from Justin Trudeau’s never ending pandemic lockdown nonsense!

  ·  3 years ago  ·  

Wise thought!! Great thinking

It is near impossible. That time might never come.

I mean if blurt reaches a dollar im pretty happy

  ·  3 years ago  ·  

My question is simply but kinda awkward; These blurt coin being burnt every second, where do they go to?

  ·  3 years ago  ·  

From everything I read they get sent to a wallet with no keys. … Maybe the Developers can explain it better.

I didn't know about the 440M cap on the supply. You've made a very powerful argument here, and I really want to thank you for this perspective because it really does make Blurt unique.

Hi, @offgridlife,

Thank you for your contribution to the Blurt ecosystem.


Please consider voting for the witness @symbionts.
Or delegate to @ecosynthesizer to earn a portion of the curation rewards!