Btw, there is a contest of pizzatoken to talk about it, i think im gonna do a post on it, still not a big fan of those tokens :D
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Btw, there is a contest of pizzatoken to talk about it, i think im gonna do a post on it, still not a big fan of those tokens :D
I'm not a fan of most HIVE-engine tokens because they are all centralized. These tribes can print up (issue) coins all they want. Even POB could, although pob claims they will never print more, it is still based on some trust. A few coins like @lassecash have an actual hard cap set in the code so they cannot just print any more up ever, but that is the only tribe I know that has that safeguard actually written in the code.
That is something that i find hard to trust on tribes you know, i have talked one to one with beard the creator of pizza token, he seens like a nice guy but i have yet to find any info that guarantees that they wont be able to change or alter the price when they want to.
Is kinda a hard pill to swallow because as someone born in venezuela, i have my fair share of "let's print more money" moments on my mind, and it never works out, it allways ends in messing with the economy :S