Q: How many users will grin need to be contender for the world reserve currency.
A : either 300,000,000 - 500,000,000.
I have to go now my latkes are getting cold. I’ll come back in couple decades.
Bye
12/12 Question & Answers
Q : Why do you believe grin has greater chance then the other privacy coins.
A : Person named Buddy gave me formula for success, his formula was unconventional. I copied the formula. While they laughed at him, I took him serious. Grin fits his formula
9/12 Question & Answers
Q : isn’t untraceable currency bad for the world.
A: don’t stress this situation too much, thing will honestly work out fine. I imagine guardrails will be set in place to catch the bad actors.
8/12 Question & Answers
Q: Privacy coins help protect criminals
A. I believe most transactions of under 10,000$ will be private, that criminal activity is not enough to rot nations core. transactions above 10,000$ will require paperwork. that should put most bad actors to halt.
7/12 Question & Answers
Q: 86,400 new coins are minted daily, while bitcoin only has 900 & other project have far less then 86,400.
A: Just because one asset is extremely scarce, doesn’t mean another asset isn’t scarce. Scarcity can be cancer in some situations.
4/12 Question & Answers
Q: Will bitcoin fail if grin becomes successful.
A: I can not be certain it won’t fail, but I can be certain the odds are in bitcoin favor of succeeding at being one the top currencies.
1/12 Question & Answers.
Q: Why do you like grin more then bitcoin, even thought bitcoin is your favorite.
A : Grin seems to have the perfect balance.
Grin has emission of 86,400 シ daily.
Wealth Classes in the grin ecosystem.
1% will own 446 - 1000シ
5% will own 65 - 100シ
24% will own 24 - 44シ
30% will own 12 - 30シ
40% will own 2.5 - 15シ
By 2040
@MarekNarozniak 1/2 This not financial advice.
It can be anywhere between 446 - 1000 シ
The numbers are based on
Time
Scarcity
Demand
Regions
Usage of the currency
User Growth
I’m uncertain of what percentage of which regions will adapt the currency first.
These calculations are determined by grin having 100,000,000 users.
Should grin underperform with only 10 Million users then decrease my prediction by factor of 10.
Should grin over-perform & reach mass of 1 Billion users then decrease it by factor of 10x
1 GRIN in 2030
Will be able to buy you.
375 Organic Eggs
250 Half Gallons of Milk
250 Loafs of Bread
12,000 ounces of rice
9,600 ounces of sugar
88 Pounds of Steak
187.5 Avocados
3,305 Ounces of pasta
3750 miles of transportation (robotaxi)