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The US printer never stops.
CCs are exchanged and then destroyed?
I dont know the coding behind it.
I don't have a clue.
Every zap turns 30% back into sats
Through the reward board?
21% go to territory founders as revenue, 9% go to rewards. Both are paid out in sats.
Right.
Now l am seeing the a more clear picture.
The whole thing is kind of fascinating. Right now I really don't grasp it.
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.
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.
Soon SNL will be like FOMC meetings lol
This is interesting.
All of these concepts are new since ccs just came out.
They're like the US Treasury. They control the cc printer.