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Re:Stablecoin Basis is closing down by lmm on Thursday December 13, 2018 @12:12PM (#18673950)
This is Bitcoin et al but without the Ponzi structure. So speculators would be unlikely to buy it over Bitcoin, and without those what would be the source of activity?
Re:Stablecoin Basis is closing down by jcfrei on Thursday December 13, 2018 @12:14PM (#18673969)
[Initially] probably only those without other means of payment. You can convert electricity + computing power into a currency (and compared to btc you don't need to join a pool to have a realistic chance at receiving the tokens).
Re:Stablecoin Basis is closing down by arbol on Thursday December 13, 2018 @01:49PM (#18674903)
There are thousands of small coins for which this is true. Therefore the reward would likely be less than the energy consumption costs... You need a reason for adoption.