I will admit there are compelling arguments on both sides and trusted individuals arguing for different points of view. Debate is healthy. However, my personal view leans heavily to the side that this economic experiment will not work as intended, will be easily gamed and people will loose interest. There is a reason small shitcoins have no liquidity and manufacturing it with an algorithmic based pricing system will only result in mismatched pricing when compared to the actual market.
I will admit there are compelling arguments on both sides and trusted individuals arguing for different points of view. Debate is healthy. However, my personal view leans heavily to the side that this economic experiment will not work as intended, will be easily gamed and people will loose interest. There is a reason small shitcoins have no liquidity and manufacturing it with an algorithmic based pricing system will only result in mismatched pricing when compared to the actual market.
Ultimately we will see.
Explain why "mismatched pricing".
Also, are you an economist?
Also, do you understand what an Exponential Moving Average is?
great. you are right
Notice how there isn't a single economist on the Bancor team