So, I've been thinking a lot about Token Card lately (If you don't know what it is, Click Here and Monaco Card (basically a copy of Token Card) and the premise for both card is they use ERC-20 Tokens (coins built on Ethereum) to buy and sell goods and 1% of each token goes into a vault.
Well after thinking about it, I got the thought that what would happen if both cards allow the competitor tokens to be used for transactions. Think about it:
You Cash and Burn a TKN Token (see link above for details on that)
You get a proportion of Tokens in the TKN contract, and one of the tokens is the Monaco Card Token
You cash and burn the Monaco Card Token
You get a proportion of Tokens in the Monaco Card contract, and one of the tokens is the TKN Token
Repeat Step 1
Granted you would get less and less, but theoretically (assuming they have infinite amounts of decimals), you could do this infinite amounts of times. What do you think? Am I off in thinking or could this be a potential loop.
If you like this post feel free to "Resteem" this post and follow me at "https://steemit.com/@cryptowallet"
