What is the difference between cryptocurrencies and financial pyramids? After all, cryptocurrency exists only if it is mined?
Generally speaking, the fact that people (miners, and not only them) work on the production of cryptocurrencies, as well as certain resources are spent on this, suggests that cryptocurrencies have their own cost. Which, in turn, already gives them value, and does not allow them to be called pyramids, since pyramids, a priori, do not … Read more