Over at Coinbase, business as usual but you'll temporarily have to wait for new BTC purchases. Even with the recent joint statement by world bitcoin exchanges, there is likely to be a flurry of bad news throughout the Crypto World regarding "Trust".
What could this mean for BTC and LTC?
How will this impact the future world of digital currency?
If they are finished due to what seems like insurmountable reputation damage ....
What or Who can take their spot?
What alternative crypto-currency could possibly do this as a long term viable currency?
THE ANSWER IS....
#MINT
20% interest per annum for holding the coins.
No other coin offers it.
Many altcoins that finish mining will adapt to POS (Proof of Stake). This is where interest is earned on the coins when kept in the wallet for a specified period of time. Move them to an exchange, the counter resets.
Let's presume you own 100,000BTC and could only withdraw a certain amount a day ....and did not want to disturb the market?
You would buy alternative coins to balance out the difference.
Only problem is? Alts are trading off the underlying platforms...
March 15th .....keep an eye out. Unseen hand just might make MINT the next BTC.
Once the MINT/USD market opens, so will the flood gates ...
All that will be needed is a joint statement by owners regarding proper protection and ethics. If Mint steps to the plate, with names, faces, trust, hard work, and no screw-over job this coin will fit the bill, as long as it could trade in $ , euro, yuan ... and it just hit Bter, expect Asian markets to pick up quick.
The next useful hedge in the fiat world.
Time to MINT!
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