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The playbook is getting the "army if HODLers" large and influential enough where regulatory capture can occur and they together can lead to more adoption, so mo
by loceng 6y ago
The playbook is getting the "army if HODLers" large and influential enough where regulatory capture can occur and they together can lead to more adoption, so more of the latest adopters shift to becoming earlier adopters - unnecessarily shifting wealth weighted towards earliest adopters to late adopters - so current late adopters can realize a gain, for doing nothing except. It's a financially incentivized religion and/or Pyramid-Ponzi scheme. I do say there's room for a digital currency on blockchain but not in its current structure that's the incumbent purely for the greed aspect tied into the VC-financial industrial complex.