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Except Monero. Funnily enough, Monero is the crypto that failed as speculative asset.
by lamp987 5y ago
Except Monero. Funnily enough, Monero is the crypto that failed as speculative asset.
- thow-58d4e8b 5y agoIt's a similar story with Nano, and it de-masks the true nature of this mania On paper, it's a perfect crypto. Really fast and fee-less transactions, proof of stake avoids the environmental impacts, completely pre-mined, distributed as equitably as you reasonably can, and truly decentralized. But it has one major flaw - no way to get rich quick. No celebrity hyping it up. Nobody is "in it for the tech", it's all a glorified game of chicken
- frankbreetz 5y agoCouldn't you get rich off Nano the same way you get rich off bitcoin? By buying some and then convincing others to spend more on it then you did?
- imtringued 5y agoFreicoin was invented earlier and died faster than any other cryptocurrency. In my opinion the idea of an anti speculation cryptocurrency failing is exposing the entire cryptocurrency space for what it is: gambling.