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Since not a single comment agrees with the premise, I'll say: yes. Heck yes & obviously. A limited supply of increasingly hard to miner tokens is a clear & obvi
by rektide 5y ago
Since not a single comment agrees with the premise, I'll say: yes. Heck yes & obviously. A limited supply of increasingly hard to miner tokens is a clear & obvious indicator of a ridiculous scheme. There's very few examples in the world of the utility of a thing continually decreasing while the valuation ascends, yet Bitcoin has ascended pointlessly to a tens-of-thousands-of-dollars price-point.
There was a time when bitcoin was a possible way to either encode data into the blockchain, or to make financial transactions. These uses are still possible but at vastly less available price points.