Message from @FrobO

Discord ID: 296435535868723210


2017-03-29 00:03:11 UTC  

the land is yours, the business is yours

2017-03-29 00:03:18 UTC  

I'd say 200k for a business

2017-03-29 00:03:36 UTC  

why don't you read the article about the kekcoin?

2017-03-29 00:04:32 UTC  

You buy 3000 kekcoins, you spend 535 in buying a plot, the other kekcoins increase in value because they are more scarce now (since you have destroyed 535) and because the land is increasing in value

2017-03-29 00:04:44 UTC  

later on you fund your company by selling your kekcoins

2017-03-29 00:04:52 UTC  

read the article, is well explained

2017-03-29 00:05:17 UTC  

Oh

2017-03-29 00:05:22 UTC  

That actually makes sense

2017-03-29 00:05:24 UTC  

😂😂

2017-03-29 00:05:29 UTC  

XD

2017-03-29 00:05:41 UTC  

lurk moar

2017-03-29 00:06:11 UTC  

So If a buy 1000 plots with 1000 coins

2017-03-29 00:06:25 UTC  

My investment will slightly increase as more people buy more land

2017-03-29 00:06:43 UTC  

And then at a point I sell my land

2017-03-29 00:07:21 UTC  

at the beggining we will only release 2.95% of the total coins

2017-03-29 00:07:37 UTC  

and sold them for 5,900,000 usd

2017-03-29 00:07:42 UTC  

sell

2017-03-29 00:08:12 UTC  

Need help at border

2017-03-29 00:08:17 UTC  

with that amount we will be able to buy the land, so all coins (not only the 2.95% but the 100% ) are now backed

2017-03-29 00:08:36 UTC  

those 2.95% of the coins now are traded in the exchanges

2017-03-29 00:08:59 UTC  

and as we complete milestones, our land will be more valuable, therefore the coins

2017-03-29 00:11:00 UTC  

More valuable

2017-03-29 00:11:22 UTC  

Just think about Manhattan ok?

2017-03-29 00:11:27 UTC  

IT was bought for 10 usd

2017-03-29 00:11:31 UTC  

do you see the potential?

2017-03-29 00:11:44 UTC  

😄

2017-03-29 00:11:45 UTC  

Ye

2017-03-29 00:14:08 UTC  

so the currency is destroyed after it's used?

2017-03-29 00:14:22 UTC  

yes, since the land is claimed

2017-03-29 00:14:28 UTC  

wouldn't that make initial investments more risky?

2017-03-29 00:14:46 UTC  

not many people would be willing to spend

2017-03-29 00:15:06 UTC  

they might hoard their currency waiting for a price increase

2017-03-29 00:15:09 UTC  

you mean to actually move to The Memetic Principality of kek?

2017-03-29 00:15:21 UTC  

yes, i know

2017-03-29 00:15:53 UTC  

That's what happened with bitcoin, but at one point,, when there is no more demand to buy coins, the price will stop soaring

2017-03-29 00:16:00 UTC  

that's a normal price discovery process

2017-03-29 00:16:21 UTC  

and that's why the very same coins that you buy on day one, will fund your project in the future

2017-03-29 00:16:33 UTC  

interesting

2017-03-29 00:17:40 UTC  

I think it would be nicer

2017-03-29 00:17:42 UTC  

The idea was already tested in Germany 1923

2017-03-29 00:17:49 UTC  

it worked