But I came across this article (reddit) I find fascinating. Ponzi?
The cryptocurrency ecosystem is conceptually
simple. Money comes in from new investors buying, and the same money comes out
to pay those cashing out. It would be a zero-sum ecosystem, except for the fact
that miners have to pay their bills in dollars
This is why "bitcoin investors" feel
an immediate urge to tell everyone else to invest in bitcoin -- if no new money
comes in, the financial structure eventually collapses under the miner's sell
pressure.
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