Interesting thought I had today, of the day Electroneum reaches a fully developed ecosystem. So this is my thought.
Once Electroneum has all these different sectors of the ecosystem in place (gig, Mobile deals, commerce), there will be a required amount of coins needed in the ecosystem.
What I mean by this is, let’s take for instance the gig economy. Once established if there are let’s say 2 million users using the gig ecosystem, if each user makes 5 usd a day that requires 10 million usd a day regardless price of Electroneum in that sector of the ecosystem.
The same goes for for mobile deals. Let’s take a partner with 1 million active users and 20 USD airtime. This means 20 million USD is needed in Electroneum regardless of price every time they need to top up their 20usd airtime.
Also goes for commerce sites. Let’s say 100,000 stores are accepting Electroneum and make 100usd a day. That is 10 million required usd a day for that sector as well.
With these required amount of coins in the ecosystem to process the amount of daily transactions. I feel at some point in time once established there will be a large chunk of coins that will need to be dedicated to the ecosystem. That being said it seems to me it must be inevitable that at some point in time. The sellers will have sold to the holders and the ecosystem, the ecosystem will always require new coins being pumped into it to support users/transactions thus at some point creating a constant need for possibly a substantial amount usd purchased in Electroneum no matter the price of coins usd daily off the exchanges.
There is a limited supply of 21 billion. The supply available on exchanges will be less because of what I have stated imo. I personally feel this will have a great effect on the exchanges taking these coins out of the walls and into the ecosystem while increased demand for available coins.
I’ve thought this a couple times and somewhat in depth today with myself so I thought I would share so I’m not discussing with myself and I get some feedback or constructive criticism from you great minds
What are your thoughts?