Saturday, May 19, 2018 12:55:37 AM
Cryptocurrency is not a viable currency.
It is an investment vehicle.
You could buy a new car for 3 bitcoin today,
and by the time you drive to the dealership ...
It would then cost 5 bitcoin.
The same is true with the KLK and ETH relationship.
The KLK will be what it is worth and pretty much slow growth up or down.
ETH will fluctuate hundreds in a day.
Imagine a 1000 KLK and the next day you discover you could have bought 5000, or reverse that .. right?
The only places where this logic can be applied as a currency is struggling countries trying to cope with hyper inflation ... etc.
EOS is a fork of the ETH, many speculate that it could one day dominate the ETH in market share.
This is an extremely volatile market. I am certain that TTCM's fortunes will built on market based success and failure. As will the KLK.
The ETH will run a separate course.
I would not spend a dimes worth of ETH on the KLK as a consumer.
I might spend a dimes worth of USD which is an actual stable predictable currency.
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