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RE: Digital Kitties on Steem? How would the Steem blockchain handle 700,000 transactions per day?
Yeah, that's exactly what I mean. I heard people would pay thousands of dollars for a particular skin, and I would be like:
does it do more damage? no. does it shoot faster? no. more accuracy? no. Then WHAT??
"Looks cool."
I believe it's more like showing off how much money they are able to spend type of thing. The same as buying expensive watches, expensive purses etc. Some people just like to spend money on expensive stuff, including strange, digital kittens :P
Well then @valth, let's begin a new coin, with a limited coin supply of 1000 units, no digits, and to purchase through ICO at one million USD per unit. Let's call it ELITIST.
What do you say?
edit- no whitepaper or use case necessary. only bragging rights