Hacker News new | past | comments | ask | show | jobs | submit login
Crypto.com Wants to Revive $5B Worth of CRO Tokens It Once Burned (coindesk.com)
4 points by PaulHoule 28 days ago | hide | past | favorite | 4 comments



Those who don't want the extra liquidity sound to me a bit like the NIMBYs who don't want more houses in their neighborhood. A smaller number of tokens held by a smaller crew will have less of a useful economy than a larger number held by a larger number of people. Of course they want the additional $5B, but that's the reward for kickstarting an economy. So much land in affordable private hands today started off as a grant from a soverign, benefitting the sovereign who conquered it and the first landowner as a huge gift.


Was this a burn address, or are they trying to show skeptics that some crypto permits the relief of do-overs?


I thought they just wanted the $5B back.


The vote went yes on “market cap is a meme”

https://cryptorank.io/news/feed/ef192-cronos-approves-contro...

Down only 9% on the day. So, the forces asking for inflation won over the early believers.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: