a transaction? If there are ~14.8mio quants in circulation and the British financial banking will be build on it 1 QNT has a divisibilty of 18 decimal. If a transaction would cost (assumption) 0.00000000018 QNT how shall 1 QNT be more valuable as of today?
Shouldn’t transaction costs be low in general ? Why should be a bank interested to build a financial system based on an overledger which transaction costs are high…
What I want to say …price of an asset increases by demand and supply (order book). If transactions are very low, no entity would have to hold a lot of QNT at no time , there would be supply for all. Therefore QNT remains a necessity but it doesn’t mean that 1 QNT should cost 10.000 USD
I swear your name just changed from Carlson to Sven, weird
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