RE: I've Converted to VYBism. Praise Be VYB!

You are viewing a single comment's thread:

Your concerns are important. It's important that you brought it up. I'm glad you discussed your concerns. I think VYB is a great idea and @trostparadox is the ideal person to head things up. I wish I could do more for him right now. Given my meetings in the past with him and Cal, I find trost to be a deliberate, intelligent, and careful individual who has put a lot of thought into this project. It will be successful in the future. He wants a slow and stable build towards something long-lasting.

Posted using MemeHive



0
0
0.000
5 comments
avatar

He wants a slow and stable build towards something long-lasting.

The White Paper made it pretty clear that VYB should be viewed from a long-term perspective. Granted, it is much easier to enlist people to build value into the tribe and token when the token price is strong versus when it is weak.

One of the silver linings associated with a serious and sustained drop in token price is that it shows who the true believers are. Those who see it as an opportunity to increase their stake are the true believers. This holds both for POB and for VYB.

As the initial airdrop hopefully made clear, the VYB tribe was created to reward and incentivize and empower the true believers in POB, with an eye to also fulfill a new mission -- demonstrating the power of community-driven anti-abuse mechanisms that avoid the pitfalls inherently associated with free downvotes.

0
0
0.000