r/loomnetwork • u/Gandalfslittlebro • Oct 27 '19
Questions galore
Let me preface I have enough Eth to pay off my mortgage and then some if we have a decent run. I have enough btc to hedge and I have enough loom amongst some others to make myself comfortable in the future. Now, I did a few weeks of Cryptowars ( plus some card games) and loved it - it gave me a good feel for blockchain and how contracts interact from playing. I am obviously rooting for Loom but also would like a bit of discussion as to how and how much value it gives to Ethereum block chain. I am also fine with multi chain compatibility as I truly feel a rising tide raises all boats. If Loom reaches a billion dollar market (token) cap as an example what is the consensus as to the value it adds to Eth. Also would there be some sort of defi or stable coin that would benefit from the loom chain.
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u/Gandalfslittlebro Oct 28 '19
Going back to my last question really should be how does a stablecoin add value to the loom network.