mkiker2089
Elio Addict
My concern isn't about the tech, it's the real world implications. If it is "ownership" like stock then how do you redeem it? That's what I meant with giving them time to explain it.I've been watching the alt-money movement since it popped out Bitcoins ten years or so back. I understand how the tech works. But once it enters this space my mind breaks. Damned few people get it, and some of those are plain ideologues and I discount their notions. But I know some people are confident in the newer ways of pulling off these new monies, and I do hope that Elio has it figured out. I am full of hope.
I'm assuming they mean ownership in a bond sort of way and not that I can roll up with my ElioCoin and raid the supply closet at will.
Other crytocurrencies are in my opinion somewhere between Buffet's "rat poison" and casino chips. It's just gambling and speculation.