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Author Topic: Let's learn about XC, And why it's the Future of Crypto "currencies"  (Read 5098 times)
battbot
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August 14, 2014, 04:01:40 PM
 #141

Can you explain about Dan being a CEO of a currency - and how it makes sense / where his funding comes from / what other employees there are of the company?  

About 100 years ago - there were sub currencies for companies where they refused to pay employees cash but offered you "tokens" that could only be spent only at their stores .  So they were able to monopolize on whatever they paid people.  In that sense - I suppose the owner of the company issuing tokens was the boss / CEO of a currency ....

It's just a title, and can easily be changed (or removed)...  He funds XC development from his own pocket & from the premine.  I'm sure there are also private investors that contribute towards development as well.

XCurrency www.xc-official.com #xcofficial
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