Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: P-Marlowe
It is currently selling for $800 each and I, as creator of this currency, promise never to mine more than a million of them.

Can you explain what mechanism enforces this hard ceiling on the total pool of your proposed currency, and then compare and contrast that with the mechanism that enforces a hard limit on the pool of bitcoins? You do understand what enforces the limit of bitcoins, right?

54 posted on 03/16/2014 5:47:59 PM PDT by Gunslingr3
[ Post Reply | Private Reply | To 37 | View Replies ]


To: Gunslingr3

When the P-Marlowe coin becomes the coin of the realm, you’re going to be sorry you didn’t buy a couple of them. With a limitation of one million total PMC’s they will be worth a billion dollars apiece someday. You can count on it.

Can I put you down for a couple? We accept those worthless US Dollars that you don’t like. I also accept silver coins and gold coins at spot plus 1%.


55 posted on 03/16/2014 7:38:21 PM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
[ Post Reply | Private Reply | To 54 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson