It is true that being a reference currency can be good for that currency as there will be more demand for that.
It's all in the OP, no need to parse newsletters...
"(BTCD) is the conversion coin between different currencies for SuperNET"...
Implies that it will play a similar role to XRP on the Ripple network.
Also, BTCD will stake 5% of SuperNET revenues, that's the Big One = low risk play on SuperNET...
If SuperNET revenue disappoints UNITY is overpriced... but BTCD can still win the anon coin sweepstakes regardless.
It seems that all resources are being poured into SuperNET, which is the best strategy...
The time to promote BTCD heavily will come... James has made it clear over and over that BTCD is central.
you are understanding well the plan. The bigger SuperNET becomes, the better for BTCD. And yes it is the XRP role in InstantDEX, not to mention teleport.
BTCD is in a totally unique position. When InstantDEX is active, there will be a lot more trading volumes and even if the price doesnt go up, having a lot of volumes in and of itself makes a currency more valuable.
Once I start sending out the first dividends and SuperNET keeps growing, the smart investors will discover the BTCD at the center of it all.
Until then, stake away. Oh, I have a really powerful feature coming with the initial release, but I will refrain from posting details, since last time I did many people got all confused
James
