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The crypto currency market = "winner take all" market ("all" >= 80%). That said, if the capital costs (mostly mining hardware) and operating costs (mostly elect
by chris123 13y ago
The crypto currency market = "winner take all" market ("all" >= 80%). That said, if the capital costs (mostly mining hardware) and operating costs (mostly electricity, with some rent and labor) leave room for a low-cost producer to enter the market (and the switching costs are not too high). Time will tell. Evolution will do its magic and the fittest will survive (at least until the wheel turns round again). Regardless of who "wins," crypto-currency-based disruptors are a comin' to a status quo near you. And that's a good thing.