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41 sats \ 12 replies \ @Satosora 5 Jan \ parent \ on: Will Pay Sats For Cowboy Credits AGORA
No, you could be right. I didnt even think of that. It would be interesting if they only had a certain amount of CCs, they could create their own economy and market. Lol
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20 sats \ 11 replies \ @siggy47 OP 5 Jan
They're like the US Treasury. They control the cc printer.
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41 sats \ 3 replies \ @ek 5 Jan
I know it was probably tongue-in-cheek but let me explain why printing CCs would be a bad idea:
Every CC has to be backed by sats because they’ll eventually turn into sats again via rewards or will be used for territory rent. So we would literally cut into our own revenue if we would print them.
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25 sats \ 2 replies \ @siggy47 OP 5 Jan
Yes, it was tongue in cheek, but it's still good you explained it. It will take a while for everyone to wrap their heads around these things.
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41 sats \ 1 reply \ @ek 5 Jan
Soon SNL will be like FOMC meetings lol
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0 sats \ 0 replies \ @Satosora 5 Jan
This is interesting. All of these concepts are new since ccs just came out.
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41 sats \ 6 replies \ @Satosora 5 Jan
The US printer never stops. CCs are exchanged and then destroyed? I dont know the coding behind it.
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20 sats \ 5 replies \ @siggy47 OP 5 Jan
I don't have a clue.
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61 sats \ 4 replies \ @ek 5 Jan
Every zap turns 30% back into sats
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0 sats \ 0 replies \ @siggy47 OP 5 Jan
The whole thing is kind of fascinating. Right now I really don't grasp it.
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0 sats \ 2 replies \ @Satosora 5 Jan
Through the reward board?
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20 sats \ 1 reply \ @ek 5 Jan
21% go to territory founders as revenue, 9% go to rewards. Both are paid out in sats.
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0 sats \ 0 replies \ @Satosora 5 Jan
Right. Now l am seeing the a more clear picture.
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