News for hackers. Stuff that matters.
Re:Wall Street rethinks blockchain projects as euphoria meet... by vinniejames on Thursday March 29, 2018 @11:35AM (#16707885)
Market cap in no way equates to "created value"
Re:Wall Street rethinks blockchain projects as euphoria meet... by malvosenior on Thursday March 29, 2018 @11:41AM (#16707939)
Sure it does. It's created a ton of value for myself and anyone else who didn't buy during a peak.
Re:Wall Street rethinks blockchain projects as euphoria meet... by bduerst on Thursday March 29, 2018 @12:22PM (#16708280)
If I buy a grain of sand off of a beach for $1, the market cap of that beach is trillions of dollars. That doesn't mean the beach produced trillions of dollars.
Re:Wall Street rethinks blockchain projects as euphoria meet... by umanwizard on Thursday March 29, 2018 @12:25PM (#16708318)
Playing roulette can create value too, if you're lucky enough.