Good questions! Thanks.
Just a few musings of mine:
1. Won't XC's resources be hugely stretched with Blocknets (cool name btw!) development on top of an already demanding XC roadmap? I mean we're still a long way off Rev 3 and can only see it being delayed further with this new project, Dan is only human after all!
- No it'll be the opposite: the huge development muscle of all the participating coins will become available (and funded) for Blocknet development.
2. I can see a lot of XC holders, myself included, hedging their bets by trading XC for shares of Blocknet. This will surely see the price of XC drop quite a bit as the XC supplied to Blocknet Inc. will be sold on the exchanges to help fund their development.
- XC will not be dumped onto the market. It'll be used to pay for development. Also, XC's price will rise because shares are 10% cheaper when you buy them with XC.
3. I'm also wondering how much does Blocknet's success depend on the success of XCurrency the coin? I ask because I'm worried that if XCurrency isn't doing so well in the medium term future, for whatever reason, could Dan and co 'jump ship' so to speak and focus solely on Blocknet services? I mean that could be very profitable in its own right.
- The Blocknet is like the internet: any web company can rise or fall and it'll still be there.
- XC is the powerhouse behind the majority of the Blocknet's tech.
- XC Inc will launch and its purpose will be solely to develop XC-based tech. So XC will only get more powerful.
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