Bitcoin Forum
May 13, 2024, 03:23:41 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: Let's learn about XC, And why it's the Future of Crypto "currencies"  (Read 5305 times)
battbot
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile
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.
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!