Are all cryptocurrencies Ponzi schemes?

PeoplesElbow

Well-Known Member
Transactions are rather expensive, not just inconvenient. The reason they are expensive is because of the amount of CPU power they take.
 

Blister

Active Member
I know a few who got in on Bit, Doge, and Etherium low and have already cashed out. I know many more that bought in later and are riding this out. Someday we'll know who are the smart ones. I am standing on the sideline for good or bad. Musk's tweets were nothing compared to what Xi and Yellen can do with a sneeze. Darkwire and cartels are making too much and the Governments are not getting a cut.
 

Clem72

Well-Known Member
Transactions are rather expensive, not just inconvenient. The reason they are expensive is because of the amount of CPU power they take.
There are crypto currencies that reduce the transaction verification process to a trivial process. And currencies that provide blockchain obfuscation for people worried about true privacy, and currencies that use minimal processing power to "mine". They are all still bullshit.
 
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