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what would be a better measure?
by xwvvvvwx 9y ago
what would be a better measure?
- soVeryTired 9y agoYield? Oh wait.
- powvans 9y agoExactly. You could buy assets that produce things people need or you could buy a random string of numbers and letters. Obviously we are in a post scarcity world and therefore producing something of value is really a net negative. All hail the inert string of chars! It’s better than something because it does nothing.
- twblalock 9y agoI would consider how many people use them for transactions, if they are supposed to be currencies. Most people look at the price and the market cap because they can tell that the primary use of crypto-currencies is for speculation.
- ChrisClark 9y agoYeah, maybe we should look at the average daily transaction count and average fee per transaction.