RE: Crypto Analysis Series - Part 8: The MasterNode Ecosystem
Dear @reverseacid
It has been quite a while since I've lost my interests with masternodes (it kind of happened once I discovered STEEM blockchain and I fully got engaged into becoming part of community).
However I found your post both interesting and refreshing.
One thing that I always had trouble understanding is: should masternodes be considered securities? after all rewarding investors with dividents is security. To avoid being called security it would be better to burn tokens (the way binance does).
Also I came to realization, that most masternodes do not offer anything for their stake holders except of financial rewards. And to maintain those rewards without price constantly being crushed by selling pressure ... they need constant new flow of money. It's almost not possible to find masternode that does offer any other value for stake holders.
Yours
Piotr
I have master nodes on the Airwire platform. You need 35,000 Wire to get a node and they create about 96 wire per day. Wire is so cheap right now you can buy 35,000 wire for under $50. In a years time your wire holding will double. I am not giving financial advice but showing for a very small amount of money you can try it out. Good luck, everybody.
Pretty Interesting @clayrawlings.
Do you mind telling more about the features and applications of this AirWire platform you are part of? I would love to know more.
Thanks.
I am hesitant to say much about Wire because I will be accused of shilling for a coin. Wire can be sent over all the social platforms for almost nothing in fees. The problem is it is only on one exchange at the moment so it lacks liquidity. Facebook Libra could possibly wipe it out so it is not without risk. It is so cheap you can try ot to familiarize yourself with masternodes without committing a lot of money. Dash for example costs a fortune to get just one node. To read more you can go to Airwire platform to see what it is about. If it catches on it will be great but it is a long shot.
Dear @clayrawlings
Interesting conversation you guys are having here.
Thx for your comments.
Since you're so responsive, I thought that perhaps I could share with you my latest publication and ask about your own opinion on discussed subject:
"DID OUR WORLD LEADERS JUST PUSH GLOBAL RECESSION AWAY from our doorsteps?"
https://www.steemit.com/economy/@crypto.piotr/did-our-world-leaders-just-push-global-recession-away-from-our-doorsteps
I would appreciate it greately.
Yours
Piotr
Hello dear @crypto.piotr
I can understand you losing interest, as there hasn't been any sufficiently interesting advancement in the space since the introduction of Dash. Dash is solely leading the entire pack for now, with its engaging community, privacy and governence feature. In my opinion, it is the most functional DAO as of yet.
Interesting comment there. However, I have to disagree with your observation. Tagging a cryptocurrency as a security depends on how you describe a security. If you think a security is anything than pays dividend/interest for its holders, gives an ownership right and allows the holder to engage in the decision-making process, then surely it is a security. But if you say that a cryptocurrency that is decentralized, allows applications to be built on top of it, and has an engaging community that builds and upgrades it, then IMO that is not a security. It just depends on how one looks at it.
That might not necessarily be true my friend. Other than financial incentives of the cryptocurrency, a masternode coin allows for applications to be built on top of it, allows one to engage in the decision-making process, gives a sense of belonging to the developers and community members and, has huge commercial and governmental implications. Masternodes are gravely underappreciated.
Thanks for the comment friend.
Dear @reverseacid
Thank you for your kind and prompt reply. Appreciate it.
Amazing comment.
Indeed. Masternode coin "ALLOWS" us to do all of that, however I failed to find masternodes that indeed do so. Except of 2-3 most popular.
Masternodes are mostly greately complicated :)
ps.
Since you're so responsive, I thought that perhaps I could share with you my latest publication and ask about your own opinion on discussed subject:
"DID OUR WORLD LEADERS JUST PUSH GLOBAL RECESSION AWAY from our doorsteps?"
https://www.steemit.com/economy/@crypto.piotr/did-our-world-leaders-just-push-global-recession-away-from-our-doorsteps
I would appreciate it greately.
Yours
Piotr
Doesn't the howey test pass for masternodes?
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