How lbry and odysee provides us with lbry coins? is it fungible?
How odysee gets lbry coins out of nowhere? isnt there any loss to the company? they are hosting the service and they itself provides the lbry coins Can i exchange my lbry coins for usd/inr?
3 replies
I've always just assumed that they're worthless.
That's why i'm giving away all my coins to creators ¯\_(ツ)_/¯
Be aware that the sec won a recent suit against lbry.inc (the owner of odysee and the founder of the lbry blockchain. Do your own research. In theory there may be an exchange that takes lbry coin. https://www.ropesgray.com/en/newsroom/alerts/2022/december/sec-lbry-examining-the-implications-of-the-secs-latest-victory-for-crypto-and-digital-asset-markets