LogFAQs > #897722651

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Topic	How is cryptocurrency useful
Link HT 03/13/18 1:16:07 PM #15:	TheMarthKoopa posted... voldothegr8 posted... The only thing it's useful for is creating ponzi schemes. Why do people forget that mining is a thing Generating free money is a pretty useful thing it's completely cost ineffective energy wise and you're not creating any real value when you mine because coins are only worth what people will pay for them. There are coins that crashed are are now worth zero, mining them is basically generating garbage. --- http://i.imgur.com/Tx1FX.jpg <cite>Link HT posted [p:897722651] in How is cry... [t:76411358]...</cite> <quote><cite>TheMarthKoopa posted...</cite> <quote><cite>voldothegr8 posted...</cite> <quote>The only thing it's useful for is creating ponzi schemes.</quote> Why do people forget that mining is a thing Generating free money is a pretty useful thing</quote> it's completely cost ineffective energy wise and you're not creating any real value when you mine because coins are only worth what people will pay for them. There are coins that crashed are are now worth zero, mining them is basically generating garbage. --- http://i.imgur.com/Tx1FX.jpg</quote> ... Copied to Clipboard!
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