Re:IOTA Surges Past Ripple
by LightMachine on Wednesday December 06, 2017 @12:14PM
(#15862798)
Precisely. Food for thought: IOTA nowadays is not only fully centralized currency (in any meaningful technical sense), but it also has a much higher market cap than Bitcoin had a few months ago. So, is the market really valuing decentralization as much as we think?
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Is that a rhetorical question — majority of new money coming in is all spectualation, no actual faith in the product; how do you tell? They all convert back to fiat after convincing themselves they sold to a greater fool.