Saturday, October 05, 2019 8:28:42 PM
Apple can now buy the token back gradually which is what appears they have been doing now that it is very decentralized. My understanding is it was dropped on every continent across the globe from day one.
That is the most fair business model imaginable.
Finally, one could easily say 10 big companies get together and adopt iETH as "major nodes" similar to what Libra is attempting to do and this currency goes up a minimum of 300x on their investment.
The only thing missing is a company or small bank adopting the token. For example signature bank announced use of ERC20 token for high net worth individuals for cross boarder fast and low cost transactions.
Any bank in the world wanting 300x on their money could easily adopt iETH. My math tells me that is exactly what would happen.
I have no affiliation with IETH or the development. I do know that confidence in a currency with a bank announcing they are backing it would be all it would need.
Only straight up from here for anyone accumulating the token. 10 people/businesses buying 500k tokens
each and it never looks backwards
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