What happens when maxcoins are lost?

Maxcoin frequently asked questions.
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Meconomy153
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Joined: Sun Oct 12, 2014 2:00 pm

What happens when maxcoins are lost?

Post by Meconomy153 » Fri Jan 02, 2015 6:58 pm

Because of the law of supply and demand, when fewer maxcoins are available the ones that are left will be in higher demand, and therefore will have a higher value.

So, as maxcoins are lost, the remaining maxcoins will eventually increase in value to compensate.

As the value of a maxcoin increases, the number of maxcoins required to purchase an item decreases.

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