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What about Primecoin? Finds new prime numbers all the time. Filecoin pays and gets paid for server storage space. How in any way are these projects scams? There
by andirk 4y ago
What about Primecoin? Finds new prime numbers all the time. Filecoin pays and gets paid for server storage space. How in any way are these projects scams? There are dozens of projects that utlize the blockchain and have a token and are not scams. The fukk outa here with this oh everything crypto is a scam. Bitter, you are.
- amluto 4y agoFilecoin is interesting because there is bona fire economic activity associated with it. But, if you believe: https://file.app/ https://file.app/ The cost of storage on Filecoin is $0.0000001 USD / GiB / mo. This makes no sense. That’s $10^-4 per TiB per month or one cent per TiB per 10 years. You can’t buy anything remotely resembling a hard drive, even used, for anything resembling this price. You can’t buy a disk controller. You can’t buy power to run the thing. This means that miners have absolutely no incentive to store your data except for the lulz. This is useless for any serious purpose.