GoFuckYourself.com - Adult Webmaster Forum - View Single Post - a new stablecoin that processes subscriptions (smart people only

Pad · 05-11-2023, 08:33 AM

hell - as an alternative to merchant incentive (cashback-esque) coin issuance as a stabilization mechanism - we could possibly burn an equal amount of coins across the entire network by tapping *all* wallets, and insert back into the $ supply by airdropping coins back to the same wallets — to prevent volatile price behavior — and on a percentage-limited basis, not a fiat/usd peg way, wherein the price cannot fluctuate x% over 24h and bake subscriptions into it

plus regulators would probably leave us alone because there is *no* expectation of profit - which is what the sec cares about most (source: former sec attorney i hired in '17)

05-11-2023, 08:33 AM
Pad elephants dont swat flies Industry Role: Join Date: Aug 2003 Posts: 1,219	hell - as an alternative to merchant incentive (cashback-esque) coin issuance as a stabilization mechanism - we could possibly burn an equal amount of coins across the entire network by tapping all wallets, and insert back into the $ supply by airdropping coins back to the same wallets — to prevent volatile price behavior — and on a percentage-limited basis, not a fiat/usd peg way, wherein the price cannot fluctuate x% over 24h and bake subscriptions into it plus regulators would probably leave us alone because there is no expectation of profit - which is what the sec cares about most (source: former sec attorney i hired in '17)