The usual cozy-up-to-the-banks proposal, it will get as far as Ripple has... (Which isn't far at all, if you've noticed.)
Total issuance (with no promises to keep it constant): 100 Billion - that's
100,000,000,000Oh, and they're keeping
5%, which is effectively like a "pre-mine". That total is: 5 Million -
5,000,000The whole prerequisite of using Facebook is idiotic too, but I guess if you are cozying up to the state and don't care about things being tracked from all over, go right ahead!
From their site:
You need to trust the gateways you use, but you don’t need to trust the other participants in the network. This is similar to trusting your local bank to hold a deposit on your behalf.
Oh by all means, let's
TRUST BANKS, because that has been a
"stellar" plan so far, eh?
(LOL)Take your bank-loving coin Jed, and please shove it so far up your abdominal cavity that you can see the end of the USB drive in your throat.
