But it has the economic aspects of such, the most important of them being unilateralism. Pixel worlds as a whole is making some decisions with us to move forward. Sure they may not be talking to US much, but they are talking to other members of the community, asking what could be done, right or wrong, moral or immoral. THIS is unilateralism.
It’s the skeleton of a democracy, THIS IS democracy.
What’s the price of dark pixie wings, the wings that many people have as a dream or a goal? 55 Million on average. Now apply the 5% here. 55,000,000 × 5/100, or, 55,000,000 × 5%. Which is about 2.75 Million bytecoins. Now sure there may not be THAT many dark pixies to fuel into the economy, then ask yourself, what’s the PWE Tax Percent? 7%. The PWE is responsible for removing over 10,000 Bytes a day , only by mining gear. It’s a “study” I’ve conducted about 5-6 Months ago. How many days would it take for just the mining hear tax from the pwe to have taken over your accounts networth? What would happen if we added EVERY SINGLE PWE ITEM into account? On average it should be about 20-30K Bc a day. Does your account stand a chance here?
Excuse me? Did you really watch the video? even though this is not a country, the principle still applies here. More Gems in circulation = Lower price of the gems. That doesn’t mean it is a low price though. Byte coins have a value too, it’s based off of the gems’ price. The current value is about 4.5 - 5 Gems per byte coin, and what’re the prices of the other items may I ask? Epic pickaxe inflated from 60 - 70K to around 80K in less than a week. What was happening at the same time? The gems inflated from about 2500/250 to about 1200-1500/250 because there were small amount of gems left unhoarded. And your way doesn’t fix the problem, it only creates more, Byte coins would drop, amount of Gems would go high, but its value going ever lower. Then a catastrophe would ensue for sure, people who have expensive items would become ever richer, the poor getting ever poorer. A negative domino effect to be exact.
This happens ONCE A MONTH every year, praise it buddy. This is generally because of people hoarding the gems. It can go less than that sure, but mining gear prices rise, byte coins value drops. They’re inversely proportional, increase one, the other decreases. But the people have prepared the gems. I have always been a systematic guy, noting down everything in my note pad files. What happens in halloween is, people start selling their gems for byte coins, a competition starts, everyone has it in their minds, the cheapest one gets the deal. Subsequently gem value drops. Everybody gets satisfied.
Oh buddy, how naive… Gems AREN’T a one time thing, even if they get out of circulation, the always leave a mark behind. The halloween legendary and ultra rare prices reflect up upon the gems value. Just look at how the average gem value over the years turned out (I had the file in my old pc, but it got deleted by my brother) the gem value was around 1.2K / world lock, because fishing was the only source, where they could trade them, mining brought over a 200% average deflation. Mining single handedly butchered fishing. You could get around 30K Gems per hour with the best mining set. While fishing was alot less inferior, to catch up with the competition, fishing diverged the gem prices and made them cheaper than mining. But it has fastly stabilized back to the mining gem prices. Here comes the community items and some other gem items, specifically the soda jet pack, they reduce alot of gems in circulation. Soda Jetpack has seen about a 175% inflation this year. Now tell me buddy, how do you even compete with THIS amount of inflation? You fuel more gems into the game? So visually the amount increases, but systematically the value decreases too?
The rich get richer. The poor get poorer. It is as all things should be.
I expect a better response next time.
