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All the Nano was invented 100% the day it was made. So its really just a shell game to pass on the worthless day 0 tokens for more than 0 after day 0 -- just li
by rfd4sgmk8u 5y ago
All the Nano was invented 100% the day it was made. So its really just a shell game to pass on the worthless day 0 tokens for more than 0 after day 0 -- just like every other PoS coin ever. Contrast with PoW, where coins cost REAL money every block to produce.
It costs very little to transfer something of little value.
- mminer237 5y agoCosting money to produce doesn't make something inherently valuable. It would be expensive to sell iPhones crushed by previously-undriven Lamborghinis, but the product would still be worthless. Neither NANO nor Bitcoin have any inherent value. It's entirely derived from other people willing to pay for it. If people want to use a cryptocurrency, using something that doesn't require 15 GW to power could quite rationally be more valued more highly.