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RE: Cryptocurrency: Why Do We Like To Burn Money?

in LeoFinance4 years ago

Very interesting thoughts. I will be honest, I was one of those who are in the camp that just burning a token would help fix the problems. You make some really good points about requiring growth as well. I am in a couple of communities that have a major issue with token supply. I think your ideas about burning and growth would go a long way towards helping that community. Sadly, it may never happen.

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They might have major issues with token supply but they have bigger issues with a lack of growth. That is the biggest challenge for any project in crypto (anywhere really).

Businesses focus upon growth and expansion. In crypto, we seem to just talk about price.

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It would be nice if they could get their act together! I have a pretty big stake there :)

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