I was going to watch his video but honestly I can't stand this guy and I saw a bunch of comments telling him to read the whitepaper. I was hoping @datadashofficial or @Boxmining would do a video.
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I was going to watch his video but honestly I can't stand this guy and I saw a bunch of comments telling him to read the whitepaper. I was hoping @datadashofficial or @Boxmining would do a video.
I'll TL;DR it for you. His only minus point is the marketing strategy, which could be true as I've stated as well.
He also doesn't like the fact that it may be used for gambling, his opinion is that it sheds shady light on it.
Lastly the market cap is 21B with 7B coming out at release? Keeps the value down. All in his opinion of course.
Thanks
I think the purpose of them releasing that many was to keep the value down on purpose(in a sense) so when using it, the figures can be used well within two decimal places. Mostly for aesthetic reasons and ease of understanding. That's what the whitepaper said, I believe.
Also, regarding the gambling...There are plenty of Bitcoin Casinos out there and Casinos that accept various cryptocurrencies. However..I can understand a shady light on gambling being a core focus...which is what this is. So that is one possible negative point I can't dispute. But as a casual gambler myself, I personally see nothing wrong with gambling. I guess this one is up to the individual. Maybe I am getting off track with this point.
Anyway.... Nice discussing with you. I need to get to bed as I still have a dayjob to attend. Feel free to return with more points, should they arise.