nilk
691 posts


@redaction ((6.19-1.89)/1.89)x100=227.513% not 327%
also would be 9%/year
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@realAFakeName @webmposter it's some remix of the puzzle bobble main theme
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@webmposter Is the backing track for this original, or from something else? It sounds like it's from a Genesis game
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@TheCryptoEscape >And because each $QUBIC can’t be subdivided into smaller parts The $QUBIC platform runs faster
faster than what? no blockchain uses float calculations.
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A BIG negative about $QUBIC is the tokenomics
At least that is what I thought initially
$QUBIC tokenomics looked crazy to me
Over 80 trillion, (yes Trillion) circulating supply!!
And a 1 Quadrillion max supply!!
With 1 Trillion inflation every week!!
When I heard this… It sounded off to me
But...
I didn’t say, this is a scam, this is a shitcoin, this is a rugpull
I opened Google, Twitter and YouTube and I investigated why the #tokenomics are like this
And the answer was quite a good one..
Firstly, why are there so goddamn many $QUBIC??
The reason appears to be that a platform can run quicker if there is no decimal place in the currency
So let me elaborate on that statement
Let’s take #Bitcoin
There are 21 million $BTC and each Bitcoin can be subdivided into 100 million pieces
Each of these pieces is called a #Satoshi
Each $QUBIC can’t be divided into smaller parts
1 #QUBIC is the lowest possible amount of this crypto that you can get
So 1 #QUBIC isn’t like one #Bitcoin, it is like one Satoshi
And because each $QUBIC can’t be subdivided into smaller parts
The $QUBIC platform runs faster
And this is part of the reason why $QUBIC can achieve over 40m transactions per second making it the fastest #crypto platform by far
The second question I had was, isn’t one trillion $QUBIC in inflation every week very VERY high and a 1 Quadrillion max supply incredibly high
And yes, those numbers sound crazy
But when you break it down, those numbers are actually less scary, and actually, they are really promising
So again we have to remember that when we talk about $QUBIC and compare it to #Bitcoin, we really can only compare one $QUBIC to one Satoshi
So with that in mind, let’s figure out how many Satoshi there actually are in the max supply of Bitcoin
So there are 21 million #Bitcoin, and each Bitcoin contains 100 million Satoshis
So 21 million multiplied by 100 million equals 2.1 Quadrillion
So there are 2.1 Quadrillion Satoshis and only 1 Quadrillion $QUBIC that can ever exist
Meaning, QUBIC is actually more scarce than Bitcoin
$QUBIC inflates by 1 trillion QUBIC per week
1 trillion inflation, isn’t actually that high when you take into account the comparison of $QUBIC to Satoshis
I have crunched some numbers and from the my research, it would seem that $QUBIC is more inflationary than #Bitcoin but not dramatically
With 27 thousand #Bitcoin created each month which when you multiply that 27 thousand Bitcoin by 100 million Satoshis, you get 2.7 trillion Satoshis
So that is 2.7 trillion Satoshis created per month compared to 4 trillion $QUBIC
So $QUBIC is about 33% more inflationary than Bitcoin right now
Now some people that are smarter than me, have said that $QUBIC is less inflationary than Bitcoin so that may be the case
But from the research I have done, it appears that $QUBIC is more inflationary than Bitcoin
But…
and here is the big BUT…
If the $QUBIC tokenomics work the way they are supposed to..
This inflation won’t matter
Because $QUBIC will actually be deflationary
Or what is now known as healthy deflation
Which means that although there will be $QUBIC created every week
And equal amount, or slightly more will be burned every week as the $QUBIC platform is utilized
The creator of $QUBIC said that they don’t expect $QUBIC to ever grow beyond 100 trillion $QUBIC
Others are estimating that it will be closer to 200 trillion
Either way, it would mean that eventually, $QUBIC should be far FAR FAAARRR less inflationary than #Bitcoin
There will eventually be 2.1 quadrillion Satoshis but it is expected that there will only be 100 trillion $QUBIC
Which means Bitcoin will actually inflate to 21 times the supply of $QUBIC
I know that is a lot of information but read back over this post until you understand it because this information should make you very bullish 🚀🚀

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Verifying my account on nostr
My Public Key: npub1sretwq6f5sauzx27p05mc907t2zx6uqsqgzuucvn9zvun3fkpcvs39xn0c
Find others at nostr.directory @nostrdirectory #nostr
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I have been blocked by 129 people.(sample:3,661,739)Accounts you blocked:0 Mutual blocks:0 #blolook blolook.osa-p.net
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nilk retweetledi
nilk retweetledi

@Domtendo @NintendoDE ist schon seit ewigkeiten so, manuell und automatisch
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nilk retweetledi

@DecimateFN @MrStark_42 @KEEMSTAR No idea chief saw it on Instagram thought it was cool and put it as my pfp wish I knew though it
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Wie handhabt ihr das mit euren sozialen Kontakten während der #Coronakrise?
1) Treffe mich mit niemandem
2) Treffe mich mit Leuten, aber deutlich weniger und nicht öffentlich
3) Treffe mich wie gewohnt mit Leuten auch öffentlich
4) Veranstalte aus Trotz Corona-Partys
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@PortiaAlexis_ @Imkhunter Würd ich auch gern wissen was mit ihm passiert ist
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Dorian beantwortet die Rettichfrage
Aufnahme eines Fans vom Sommer 2017, herausgefischt aus
den Abgründen von Twitter.
-> Original: twitter.com/search?f=tweet…
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