this post was submitted on 19 Apr 2024
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Crypto Pimpin Disco Queen (monero.town)
submitted 6 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 6 months ago

A true private blockchain with a capped supply is a recipe for disaster IMO. considering the tokens right now are dirt cheap, anyone with a spare 10000$ can easily dry up the liquidity and pump the prices, immediately profiting; because you cant pinpoint it down to one whale like you can with a transparent ledger, such volatile downright illegal market manipulation will simply go undetected.