by Fostik » Tue Jan 14, 2025 8:46 am
I also don't understand how was it even possible not to care about tin currency after all critics, it looks like a spit in the face to community with words "Don't worry sprucecaps we'll keep ripping your off".
In case economy of market gets scaled I simply don't see how you're going to replace all tin with gold, as the cost of gold gonna be unbearable for you. Unless, of course, you're printing even more tin to cover the migration expenses to gold, draining market economy liquidity for your own good, effectively performing it from the purse of your traders and customers, considering it will be replaced no one will know how much you drained at all.
Other than that, I don't see a problem with gold at all, Irongete market economy exploded consuming more than 100 gold bars in few days since opening, with only ~10 gold bars as starting point.
With token price fluctuation of 150-300 gold coins per token, you could invest 3-5 tokens to bootstrap your market gold economy, though you decided to go same authoritarian way your WB market always gone for your own good, I'd like to conclude no lessons learned, and hope this project won't thrive.
Known as zunzon. Contact discord: zunzon.