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RE: Cub Hits Huge Milestone

in LeoFinance4 years ago

The supply isn't going to run out in the near future. But the more of it gets gobbled up by the buyback & burns the better chance it has to stabilize at a reasonable level. With the inflation being as high as it is, if the price went nowhere from $2.6 the market cap would still have to rise rapidly, which it very well could thanks to sinks like the Bridge.

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The supply isn't going to run out in the near future.

I think unlimited means it won't run out in the far future either.

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Bitcoin had the exact same inflation schedule CUB has now for 4 entire years: static linear flow. The thing about Bitcoin is that 100% of the inflation is used to secure the network: whereas on CUB 100% of the inflation is returned to the farmers. This creates an immediate price snowball of increasing returns during bull markets.

Bitcoin was able to spike from $0.01 to $20 before the first halving event.
How high would it have gone if it was the stake holders that mined it?
Bitcoin pays a high price for maximum security.
On CUB all that money is recycled back to the stakeholders.

snowball.jpg

Bitcoin also has no burn mechanics or really any ability to change.
Just a boring anchor on the crypto vessel.