시간의 전쟁
결국 크립토도 하나의 부채일 뿐이다. 부채는 인간의 창조성?을 강제한다.
HOT is set as 10k x ETH for the launch. But that is just the initial set. Once the network starts, then 1 HOT = 1 Holo fuel. And Holo fuel is about the value of hosting in Holo.
Surely there will arise an exchange that will convert ETH to Holo fuel, so they will be relational in some way. However, even if the Ethereum system collapses, Holo can continue and the value should not be negatively impacted. We believe that we will be much more than 10,000x faster/cheaper than Ethereum (mostly because that system in some ways was designed to be difficult and slow as part of the security). Our system is designed for scalability and resilience (DHT) so it should get better as it scales. Anti-fragile in fact.
The initial price (and the practical network value the community gives it) will be a gap that speculators can guess at. Thereafter though, it should remain fairly stable as it is really about the asset and the value of that asset in the marketplace.
I can’t give the deep philosophical explanation that Art can, but what I hear from him is that mutual credit along with asset-backing pretty much assures that it can’t be a gambling game of high stakes.
Those who invest early when there is high risk of the platform getting off the ground will gain some benefit, yes. But then it should achieve a meta-stable state.