I have a serious question. Soon tokens will have actual monetary value. So basically when people send us tokens they can some how be converted to USD. How will that work with the tokens we are rewarded each day? It seems like this site will be basically giving money away to people
When we join the main Eth network, do we know how many Minds tokens it will take to equal one Eth? Is this going to be a fixed amount or is it going to fluctuate with the value of Eth and the value of the Minds tokens?
How does points translate to tokens when it comes to wireing someone?
For example, let's say I would transfer 1000 points to a Minds user with the old system. How many tokens is that with the current system?
How can you incentivize the use of the currency on the site to deviate from people hording tokens, hoping that one day the tokens will be worth $10,000 each?
And second, if people are rewarded for activity on the site, where is the limitation on how many tokens will be made to retain the value of an individual token? Is there even a possibility that these tokens can gain a value when there is no cap?
All curiosities that arose from discovering the new update today, love it! Glad to be a part of the movement. I Just need to learn more about this "crypto-currency", seems to be whats guiding the future. Still boggles my Mind...