• LWD@lemm.ee
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    10 months ago

    And that’s really the thing about cryptocurrency, isn’t it… It doesn’t need to die to stop being useful, it just needs to stop growing in value (because the people investing in it are using it as a speculative asset, not as a serious form of currency - it’s too volatile for that). And unless it keeps on bringing in new people who are willing to purchase tokens at an increasing price, the value won’t increase.