Originally Posted by
52/48
Inflation.
This isn’t a big deal since inflation has been a very big part of our lives for the last decade. We have seen asset inflation in the realm (USA) of 15% to 20% pa. That’s huge. Whether you chose to ignore it or not, it plays a huge part in our lives. For those who chose not to ignore it, you learn how to hedge and or make it work for you. The same can be said for any economy.
Away from the fiat economy, we have the wagerr economy.
To offset the potential inflation with wagerr all you need to do is one thing. That is, be the house. We all know the house get a slice of all the winnings in all gambling systems. However, not all gambling systems allow the individual to take part! Wagerr does. It's called a Masternode.
So, in this gambling system, a masternodes is like owning an ETF of all the best bettors in the world. When they win so do you. When a sharp/syndicate is on fire you get some of their winnings, when they have a losing streak, you take on zero of their losses.
Wager has permanent solvency. You are paid by coding with zero human intervention. The chain creates value in the form of wagerr tokens and sends them to the winners' wallets. Loser’s tokens are removed from the system. Forever. This is the hard part for many to wrap their head around. You are not able to send this sportsbook broke.
Therefore, it can be unlimited betting. No bankroll gets eaten away. Therefore there is no need to restrict the punter for fear of insolvency. Inflation you say? Right let's get back to it,,
Wagerrs ‘Value Coupling’ is a beautifully simple concept. The more you understand the relationship between the mint, burn, fees and token price the greater the application you have for the model. It’s is a mechanism that that’s works to find the status quo between coin price, burn and mint relationship. Wagerr doesn’t need deflation or inflation to create value for the individual punter, if you both, bet and host nodes.
Volume plays a large role in the circular economy of wagerr and we aren’t there yet. More importantly tho, the betting volume has been growing respectably. The chain is being used. Many bettors are finding value in wagerr.
I have attached an image of my income calculator. Happy to add whatever numbers you like and post the results. For now, I have Wagerr turning over $100m in bets annually, half of the punters losing their bankroll and the other half increasing their bankroll by 105%. It's hard to come up with numbers that seem reasonable so im all ears! Anyways, have a look. Interestingly that masternode income doesn’t change if there is 1b coins or 500m coins as long as the $ amount bet per year stays the same. We don’t know where inflation/deflation/price per coin will settle. But if you are worried about inflation, get some nodes.
When you play around with the calculator you see it doesn’t matter if there are large mints, low prices, huge burns or crazy token prices. Over time, value coupling will find an equilibrium between price-burn-mint since one ‘cog’ cant be at an extreme for too long. Imo it will be far more effective once we start turning over 200m+pa
Nodes payout each week and many bettors use that income to bet with. Passive income!
* This calc assumes that half of the betters will lose their bets and the other half will double their money. This means the chain break evens (not including fees and burns).
* When changing B1 you are omitting the half of betters that lose their money and adding a per cent increase/decrease to the 50% of betters that have doubled their money. Eg, 2% selected in B1 means 50% of betters have returned 102%
* The chain burns all bets ie the gross burn.
Inflation.
Actually, sorry I cant seem to attached a pdf, jpg or csv lol. Ill get it on here somehow