3 ms·
And the gambling is what makes me skeptical of figures like "the DAO is worth $150 Million" or whatever. I would like to know how much REAL MONEY went into thi
by crispyambulance 10y ago
And the gambling is what makes me skeptical of figures like "the DAO is worth $150 Million" or whatever.
I would like to know how much REAL MONEY went into this thing rather than its "value" as a result of funny-money speculation. I expect that any adult that put money or compute cycles into ethereum understands that the value could literally vaporize at any time, so it seems disingenuous to throw around dollar figures inflated by speculation. Is anyone _really_ losing their shirt at this point?
- shiven 10y agoIs anyone _really_ losing their shirt at this point? This. This is what I'd like to know before I can give a crap about crytocurrencies. Otherwise, it is all tulip bulbs in a land far, far away.
- analognoise 10y agoExcellent reference to Tulip Mania (https://en.m.wikipedia.org/wiki/Tulip_mania https://en.m.wikipedia.org/wiki/Tulip_mania) for those of you following along at home!