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RE: In The Future, Everybody Will Have Their Own Cryptocurrency

in #smt7 years ago

Haha im still thinking about how individual tokens should be structured. I think its best to bootstrap only with a minimal amount with most influence coming from the creator and distributed over time through votes. If tokens are exchangeable for (subsidized) goods and services, then maybe the value of the token may take off. But in anycase, these coins dont have to moon at all.

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If nothing else it's ptetty cool to have your own currency :) The only problem to this thing is how many wallets will you need, or will Pillar take care of this bit hehe

Oh itll most likely be like Ethereum wallets that support their own erc20 tokens. So just the Steem wallet to house SMTs, I think..

That makes sense :)