It breaks my heart to see Jose working so hard to feed Venezualans
people giving funds to support him/them
& others,
burning coins.
Yes people can do whatever they want
#StopInsanity
The rest of the coins will just have to be worth more. Bitcoin is divisible to 8 digits. When 1 sat is 1 $ (2018) it will still be a good problem to have.
If you're looking purely from a selfish motive and your options are burn or donate - donate is clearly much better for adoption and adoption will increase the price. Donate wins.
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.
Yeah agreed. I'm really just comparing burning with not burning here.
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?
Did they ever state that was their goal? I am not getting much info from @JihanWu
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!"
