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The thing driving that market cap is wash trading. The legitimate trade volume is actually quite low. Very few people use cryptocurrencies, and the vast majorit
by ryan_lane 5y ago
The thing driving that market cap is wash trading. The legitimate trade volume is actually quite low. Very few people use cryptocurrencies, and the vast majority that do are gambling.
I can see that people enjoy gambling, but that doesn't mean the actual tech is good.