edited quotes from #GiveLotus hashtag...
edited quotes from #GiveLotus hashtag.......towards my own meanings or shorter forms....
originally by @maff1989
...a simple, efficient, and productive mechanism (if this is at all humanly possible) for providing funding to push forward the dream of a better, less violent, more free world."
Ideally just giving things and having basics all taken care of (by ourselves AND by others that work faster / slower in many different ways)
edited quote text from original quotes all here #GiveLotus by @maff1989
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...Wouldn't it be great for projects if they could be funded consistently by *ethical money instead of funded inconsistently through donations of blood money? (* = never is it 100% ethical since it was most likely created 100% from needed debt or % as result of government or bank pressure on humanity (themselves doing bad work / tricking us and their people)
edited quote text from original quotes all here #GiveLotus by @maff1989
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The problem with new currency as viable money is that it cannot be a unit of account while priced in another unit of account, e.g. USD.
edited quote text from original quotes all here #GiveLotus by @maff1989
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Lotus solves this problem by adjusting inflation to demand, as opposed to a "hard supply cap", thereby allowing for price stability.
edited quote text from original quotes all here #GiveLotus by @maff1989
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"Due to the lack of ability to stabilize the value of the cryptocurrencies, they are unsuitable for being a unit of
account in trades which involve a time-delay between price agreement and redemption." -
edited quote text from original quotes all here #GiveLotus by @maff1989
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Crypto speculation in crypto markets is widely a losing endeavor. It's only profitable if you're in the tight-knit group of insiders that are manipulating the markets.
edited quote text from original quotes all here #GiveLotus by @maff1989
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It's better to give crypto than to trade crypto. #GiveLotus
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...adjusting inflation to demand... also sounds like manipulation and bias towards keeping it 'balanced' perhaps like a treadmill wanting to keep people working for the change prices... meaning it's unbalanced and needs questionable intervention though it might be less of an evil that inflation or determination by companies...., as opposed to a "hard supply cap" allowing for price stability.
edited quote text from original quotes all here #GiveLotus by @maff1989