3 ms·
So it's a 100% premine that already pushes on 1 billion market capitalization. How is that any different from the Bitcoin bubble?
by yholio 6y ago
So it's a 100% premine that already pushes on 1 billion market capitalization. How is that any different from the Bitcoin bubble?
- keymone 6y agoValid observation. The difference is that bitcoin isn’t a premine.
- yholio 6y agoThat's hardly relevant for someone looking at them in 2021, of for choosing a "global reserve currency" which involves a staggering appreciation of both. Bitcoin 2021 has been 85% "premined", the only difference is that it is (much) more widely distributed.
- keymone 6y agoThe difference is that it was not a premine. I don’t know how can you say it’s a small difference..
- kflzufkrbzi 6y agoNano was distributed via solving capchas(pow) no different than mining bitcoin.
- keymone 6y agoBitcoin was being distributed for a decade, nano was “distributed” in a matter of months and there is no way to tell what is the real distribution, for all its worth a single entity could be in control of 95% of it.