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RE: BitShares Viewed as a Venture Capitalist's Dream

in #bitshares • 7 years ago

It has a fixed supply of 3.5B. About 1B of it is locked up in a Reserve Fund... All fees go into this fund. All expenses come out of it. Just like a human company. When more is earned than spent the company is profitable and the currency supply decreases. Right now the supply is growing much slower than Bitcoin.

7 years ago in #bitshares by
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     7 years ago 

    Ok, great, thanks :)

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     7 years ago 

    Thanks for this explanation.

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       7 years ago 

      Hey @stan will bitshares (bts) supply be burned and reduced to make less bts floating around?

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         7 years ago 

        It gets "locked up" in the reserve fund and in backing bitAssets like the Hero.

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