Decentralisation and community inclusion are important values of the Gridcoin project and many other blockchain based initiatives. Currently, most GRC coins are accumulated in just a few dozen wallets. Wealth distribution (Gini Coefficient) resembles dictatorship, where a few owns almost everything. This is quite expected due to the project being young. Within the past year GRC price went down by over 90%. This is a great opportunity to further decentralize the blockchain. Owning GRC not only means... owning GRC, but also gives rights to stake new blocks (blockchain decentralisation) and to voting (project governance decentralisation). Owning GRC empowers community members.
Unfortunately, I'm unable to predict future GRC exchange rate and cannot give any financial advise. I'm not trying to make you buy GRCs. I'm just curious, why don't you buy GRC?
There is around 13600 active team Gridcoin members on BOINC platform. Most are located in wealthy or fairly wealthy countries in Europe and North America. I expect that for most one dollar a day invested in GRCs would be rather negligible. It's less than a hamburger, about a bottle of beer in the supermarket. At current prices we would generate demand for 20% of all coins within just a month. Of course prices would quickly start to rise, but still a lot of GRC could be distributed this way at fairly low prices. But we're not generating much demand for GRC.
Why do we lack confidence to buy GRC?