Alex Millar
Aug 8, 2017 · 1 min read
  1. Too bad this article doesn’t start with WHY? What’s the point of filecoin? “The Filecoin supply has four components: the miner supply, the Protocol Labs supply, the Filecoin Foundation supply, and the sale supply.” If something complicated is based on something that is simple, reasoning should be provided! Satoshi didn’t start with 50% of bitcoins. He started with 0%, just like everyone else. The graph over ownership over time is completely disingenuous.
  2. Cost to buy 1 one-hundred-millionth of all of the tokens of X is a redundant metric. It’s simply “Market cap ÷ 100m.” In the case of Filecoin you’re just guessing Market cap. Why not include potcoin and bbqcoin in this list? Surely they would be and even better deal than filecoin!

ridiculous article

Alex Millar

Written by

Bitcoin Things

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