RE: Proof-of-Burn: Black-Hole >> White-Hole Tech

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I don´t get it. If you destroy Hive and would get something else instead, from where comes the value of that something else? Out of thin air? It is like "give me your Hive, and I will give you that shitcoin instead", just that the Hive is permanently destroyed during the trade.
At the end of the day it is about how many people believe in this concept and would be willing to spend real money for such a whitehole coin. Like with all those defi tokens, like CAKE or CUB. Some have more believers, some less.

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Hm let's put it this way:

I've been working on this project ten hours a day for a month and you just asked me where the value comes from.

😅

It is like "give me your Hive, and I will give you that shitcoin instead", just that the Hive is permanently destroyed during the trade.

Yes, it is exactly like that, except the distinction between giving me the Hive vs sending it to @null is huge.

It will probably make more sense after I explain the NFT part better.

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