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A comment on HTTP 402: Payment Required. Parent comment

Re:HTTP 402: Payment Required by chx on Monday February 03, 2020 @04:00AM (#22222564)
They are specifically NOT a Ponzi scheme, they are a new kind of scam.

And isn't it obvious it can't satisfy a micropayment niche because ... it's a scam? Any moment the value of it can drop to zero, someone might walk away with the contents of your wallet -- and that someone might be your exchange. All of these had examples.

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Re:HTTP 402: Payment Required by ric2b on Wednesday February 05, 2020 @05:47AM (#22245665)
> Any moment the value of it can drop to zero

As opposed to... what?

> someone might walk away with the contents of your wallet

Completely depends on how much you care about securing your wallet. I wouldn't say this is a common occurrence at all.

> and that someone might be your exchange.

An exchange is where you go to trade currencies, why are you keeping your money there? And how is that a problem of the currency?

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