Re:Crypto crash deepens, stocks slip
by shrimpx on Wednesday May 19, 2021 @01:38PM
(#27211828)
But crypto clones are much easier to create and have adopted than a company with real infra. The phenomenon of “this coin is too expensive let’s buy this new one hoping it’ll moon” is very real in crypto and encourages the creation of clones. Then miners then trivially shift their hash power to whatever clone gets the crowd interested.
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Re:Crypto crash deepens, stocks slip
by RestlessMind on Wednesday May 19, 2021 @02:21PM
(#27212408)
> But crypto clones are much easier to create
Agreed.
> and have adopted than a company with real infra
Disagreed. Cloning is super-easy, adoption is super-hard.