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This can be done without the need for a blockchain. Adding a new technology + blockchain + a coin still makes it ponzi scheme scam, even worse when the price o
by colesantiago 5y ago
This can be done without the need for a blockchain.
Adding a new technology + blockchain + a coin still makes it ponzi scheme scam, even worse when the price of this coin comes crashing down.
- kristofferR 5y agoWhy would individuals buy relatively expensive equipment, set it up and manage it, without the potential for return on their investments? The only reason Helium's LoRaWAN coverage is expanding rapidly is due to the crypto aspects of it.
- colesantiago 5y agoSo basically a ponzi scheme that is expensive to join with guaranteed diminishing returns in mining. If I would like to lose my money in style this would be it.
- vmception 5y ago> If I would like to lose my money in style this would be it. Well get in line, the backlog for receiving hotspots across all distributors is 6-9 months long.
- vmception 5y agoNobody wants a corporatecurrency And there is no human coordination mechanism without the freely convertible currency Blockchains provide the open source rails of all the account management and distribution, easing development costs. The infrastructure is already built compared to alternate ways of attempting to do this have fun doing that without a blockchain