This presentation will mark a milestone in history, of a new tech industry that will be needed. CRYPTO CLOUD’S that can’t be hacked, AI data needs to be protected, AI is the future so this technology will be adopted.
We know some people talk but we appreciate what Pumpkin Seed completes by sharing such valuable information I would have never discovered without amazing people.
I thought they said that they didn’t spend any time or effort on utopia and that only a few people did work on it in their spare time!!!! Now I’m really confused of who’s telling what story to who
Under 100 comments, LOL.... Not laughing at the project, Im laughing in disbelief at this stage of me knowing about the Internet Computer Protocol current abilities and future capabilities. Demonstration in %,$,#,@,... So cool.
@all ICP experts, what is your take on the fact that ICP has an infinate number of coins? (I own ICP myself, but the fact that ICP coins are unlimited -- I am worried about inflation -- what is your analysis of the fact that ICP is infinite?)
I’m really comfortable knowing the inflation rate is slowing. This is due to voting rewards (~staking rewards) going down from 10% of supply on launch to 5% in coming years. Also the usage of the network is low but improving, and burn from usage could eventually even lead to the supply being deflationairy. All these parameters can be updated by mainly long term holders voting for proposals, as long term holders get more votes. This ensures they will vote for proposals that increases the value of their locket tokens. High inflation would be bad, so it will be avoided. IMO this is very good for all holders, as most voters are forced to have everyones back in that regard. In the long run ICP will operate like a business, making profit on a valuable service. This profit will be kept low while maximizing adoption, or distributed to ICP holders through deflation - just like a profitable business making share buybacks. All of this can and will be adapted to best suit the interests of long term holders.
the inflation from 28.july.2023 until today 28.july.2024 is only 4%. you can check it for yourself. remember that Cardano has 10% inflation. but yes even 4% is alot. this will be fixed after 11.june.2025 when the last VC unlock happens.
@@_Pumpkin_Seed_ OK, I see. At the same time the mere fact that there is infinite amount of ICP coins means that Dfinity could at one point increase inflation to much higher levels out of the blue. Bitcoin is limited to 21Mio. If Dfinity were to decide to set a QTY cap on a finite number of ICP coins, then this would boost the market cap of ICP substantially. Thus, my initial comment relates to the fact that ICP coins could become infinite in number, and this way inflation in the future could skyrocket suddenly (ICP coin value would drop substancially), which is not beneficial to ICP. Moreover, I pledge Dfinity to make a decision on the final number of ICP coins, in order to give ICP the real game changer disruptor status, which many are rightfully proposing on the one hand. But on the other hand this real game changer disruptor status will only come about, when/after Dfinity makes the policy decision -- the ultimate 'back bone' decision to finally announce the final QTY of ICP coins!!
ICP team is too smart for their own good that it’s heartbreaking to observe. Yes, ICP is the best tech in crypto but if no one cares…. Guess what? No one cares!!! What is blockchain now? Imagine Solana having their current use case and then people finding out that they can build everything on chain? Do you think ICP can compete? 🤦🏾♂️ iCP wants to be holier than thou when the math is simple: get people onboard then then show them.
why so many empty seats?. dfinity really needs to allocate a few thousand of those man years to a marketing team, or to some of the more popular 🤮 YT crypto influencer's
Dfinity should forget price action and market the world is not ready for icp instead dfinity should just concentrate on innovation something the world needs and desperately wants after icp patents the idea the copy cats cannot copy the idea in other words dfinity needs to build build build build faster stronger amazing things I promise you after that a stampede of users will use dfinity then the sea of money will come when that happens
Hi guys me personally I don’t care about the price all I want dfinity to do is build build build build harder faster stronger innovation takes time if dfinity builds something the world doesn’t have but the world cannot live with out and if dfinity patients the idea like the other 500 plus patient I promise you then the stampede will come and victory will be ours to take lol Petiole forget we have 500 patients we have the strongest crypto to date we have 270 plus humble guys and girls the best in the world of it I have full confidence in the team community and project that’s why me personally a icp maxi don’t really care about price I care about being a part of the greatest technology after the split of the atom which undisputedly in my view icp by dfinity foundation.
