a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
madmatt112  ·  2510 days ago  ·  link  ·    ·  parent  ·  post: Everyone is getting hilariously rich and you're not

I think an important piece of information to remember is that most (any?) of these coins can be hard-forked - and with a strong enough marketing machine behind the hard fork, can create as many bajillion more coins that are nearly identical as the "original", pre-fork coins.

I don't know if that makes a real difference to this discussion, but I think it does. If the traditional markets, investors, businesses, and mom-pop shops continue with crypto F.O.M.O., these forked coins are likely to become manipulative tools to suck more fiat out of people.