You don't have any logic in what you're saying. What grade are you in?
The whole point is owning a % of the entire blockchain, not the number of coins you have.
I had an idiot roommate who thought like that and he couldn't get a job outside fast food.
You got 45 Billion coins total that can go back 8 decimal places .00000001
If you think thats a bad idea, go make a copy of it with less coins and see if anyone will adopt it. Go make a proposal in Project Catalyst and see if anyone votes on it.
At the risk of sounding like an "idiot" isn't the simple fact that too many coins waters down the value? Like too many dollars or too much gold on the market?
Cardano has too many coins.
False
As of early 2022, there are a total of 33.55 billion ADA in circulation, out of a complete and total supply of 45 billion.
Lucky that got to over a buck for a few minutes lol.
You said it has too many. That is false. You dont understand tokenomics
I know Bitcoin has less then 19 million. ADA shit coin.
How's that a negative?
Just like a penny stock with too many shares.
You don't have any logic in what you're saying. What grade are you in?
The whole point is owning a % of the entire blockchain, not the number of coins you have.
I had an idiot roommate who thought like that and he couldn't get a job outside fast food.
You got 45 Billion coins total that can go back 8 decimal places .00000001
If you think thats a bad idea, go make a copy of it with less coins and see if anyone will adopt it. Go make a proposal in Project Catalyst and see if anyone votes on it.
I guess you bag held. Pity
At the risk of sounding like an "idiot" isn't the simple fact that too many coins waters down the value? Like too many dollars or too much gold on the market?