But we're not doing a reverse split and no money is spent so it's an amazing strategy to employ which corporations simply cannot do without spending massive amounts of money.
I keep thinking about how one of the benefits of BTC is that the supply cannot be increased or decreased based on the whim of a government. In reality it can be changed based on the whims of the majority or even just a few devs (translation: nerds). I'm not against changing the supply or reward but a part of me seems to feel like it is being no better than what governments do with fiat. I know other coins have done it to various degrees of success but does that make it okay?
I am not familiar with the reasons for the original supply amount but one would hope there was some thought put into it.
Just putting my thoughts out there. Personally it would be beneficial for me financially to decrease supply and reward but is that the right thing to do?
I can say the same thing about the massive hyper inflation CasinoCoin is currently experiencing at the detriment of all the holders.
So it's like fiat of we sit and watch and it's like fiat if we take action.
Difference is, if we take action, it will help anyone buying CSC where if we sit and watch it's gonna hurt everyone.
The whole decentralized thing was a lie, BTW, to attract everyone. Look at Bitcoin, totally centralized by a foundation board, ONE single pool and also by the fact that 1% own 50% of all the coins.
Yet nobody seems to care.
So we have to stop with the hating Fiat bit cause Bitcoin is Fiat 2.0 and we have to focus on the right strategic moves to increase shareholder value, short-term and Long-term.
And cutting dilution and inflation is a big move in the right direction.
Thanks for your input.
Cheers!