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Sk8eM dUb
replied 2285d
Idk, burning $10 of coins increases the value of every other coin by a tiny tiny tiny fraction. A donation however, increases adoption in countries that could use a stable currencey.
replied 2285d
Yeah agreed. I'm really just comparing burning with not burning here.
Sk8eM dUb
replied 2285d
I have mixed feelings about it, especially with Bitmain. If the stated purpose for doing it is to make everyones coins more valuable I think it's dumb. How about pay a marketing team?
replied 2284d
Did they ever state that was their goal? I am not getting much info from @JihanWu
Sk8eM dUb
replied 2284d
I think it's more of an altruistic excuse for developing Wormhole. Sort of appealing to BCH holders like "plus it makes your coins more valuable!"