To get a perspective on the possible road ahead, All Things Alt caught up with Max Keiser, host of The Keiser Report, guru for maxcoin, and one of the leading voices behind StartCOIN, a new altcoin-powered crowdfunding initiative.
Read on to see what Keiser had to say about alt investment, maxcoin and the inherent political nature of digital currencies.
When asked whether or not it is ethical to promote altcoin investment, as large price swings can lead to losses, Keiser offered, "I'm like Warren Buffet. I talk about the coins I myself own including maxcoin".
Some critics have said that Keiser abandoned maxcoin, leaving its reputation - and price - up to the whims of market movers.
On the other hand, Keiser believes that while altcoins have a role to play, ultimately it is bitcoin that will remain the top digital currency.
Still, Keiser said that alts remain a significant part of the future of digital currency.
"As long as Amir [Taaki] and his followers are around, bitcoin and alt coins will be pushing the political envelope and God bless them. We need as much political disruption as can get these days."
Perhaps these belong to a class of coins unironically dubbed 'commemorative coins', and it's possible that we might see more coins of this nature as important events develop.
Notably, cantorcoin's max supply count is 100,614 coins.
The developer states that there is no premine, anticipating that the total amount of cantorcoins will be quickly mined and become "a collectible coin", and adding that any available coins will "Disappear quicker [than] water drops on Route 66".
Max Keiser Talks Altcoins, Investment and Political Disruption
에 게시 됨 Jun 22, 2014
by Coindesk | 에 게시 됨 Coinage
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