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RE: BOINC G – Custom BOINC Distribution Proposal

in #gridcoin7 years ago

Ok, lets say you are the usa. you have 100 tokens that count as money. You give everyone those tokens. then you make 10 for yourself. By doing these 10 tokens you have decreased the value a 10%. If the fundation asked for money it would be a much different issue.

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Not really, first instead of giving 100 to all, we give 90 and 10 leave for the foundation.
Second - whether new created number of gridcoins is N or M per year is so far a totally arbitrary choice. Third - look at Stellar, they are giving lumens left and right and MC is $2.5B. Number of tokens is just one of many variables.

If the fundation asked for money it would be a much different issue.

I thought foundation is a part of the project / community. Is it an independent entity?

Fortht - if usa from your example would invest those 10 tokens in bridges, universities and railways, value of all tokens could double.

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