I think is a very nice project and great idea, I just join through your join link. But my question is the distribution of the coin will stop with time right or is continuous?
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I think is a very nice project and great idea, I just join through your join link. But my question is the distribution of the coin will stop with time right or is continuous?
Right now there's allocation for 10 years supply and in the future, an automatic distribution system will take place. It's very well explained on page 13 in the Whitepaper :)
The foundatin will also keep some coins for administration and in the future to reinvest again so it can be used in charitable projects.Thanks @ceyonce it will be distributed forever at a 3.5% inflation ratio (similar to US Dollar)
That's great. Was just thinking if it's forever that's means there are going to be much of it in circulation there by making the coin not to have value. Or what do you think?
Well, it's similar to the amount of $ in circulation. Every year there's more $ in circulation, but only 3$ so you don't feel it so much. But if you look 50 years from now with 1$ you could buy many more things. That's because of inflation, but as this is a free currency, you don't need to worry ;)
OK good