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Re:$365B wiped off cryptocurrency market after Tesla stops a... by chanc3e on Thursday May 13, 2021 @04:11PM (#27146777)
I'll bite. What do you mean?

Any Mathcoin (or any trade) is an exchange based on energy spent (not including Mathcoins insane transaction cost). It's an abstraction from someone mining for materiel from the ground and trading. An energy cost is involved.

What's the killer use case? I can just as easily purchase wine, art, or goods which appreciate and will indefinitely hold a non zero value, even if civilisation comes to a halt, someone wealthier than me will want to get drunk.

If the use case is a fungible, I'm good. If I want to do illegal stuff, I can just as easily launder those goods the same way.

p.s. if you buy expensive wine in restaurants, thanks.

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