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It baffles me, that the people that are the most cryptocurreny-enthusiast are the ones most likely to confuse the proof for a _usecase_ of a technology with the
by top_sigrid 4y ago
It baffles me, that the people that are the most cryptocurreny-enthusiast are the ones most likely to confuse the proof for a _usecase_ of a technology with the sheer _price_ development a digital token on a completely volatile market.
What your comment says is that more people decided to pump money into a cryptocurrency over (completely biased chosen) x amount of time than people cashing out (if put differently one could definitely encorporate the terms of greater-fool or pyramid in this senetence).
- monero-xmr 4y agoI mean I could list a ton of milestones and use cases and things but on HN few people care about that. The price is an easy way to quantify the value to the market holistically.
- top_sigrid 4y agoAnd yet again you confuse monetary "value" (more like exchange value) with value as in there is a use for it.