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A comment on Crypto unlikely to survive as investment if unregulated, SEC chairman says. Parent comment

Re:Crypto unlikely to survive as investment if unregulated, ... by jstx1 on Thursday December 02, 2021 @10:47AM (#29417566)
> Also Solana

One financially questionable scheme at a time please.

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Re:Crypto unlikely to survive as investment if unregulated, ... by thess24 on Thursday December 02, 2021 @11:21AM (#29418146)
Whats wrong with Solana? I don't know much about it at all, just curious
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Re:Crypto unlikely to survive as investment if unregulated, ... by nuclx on Thursday December 02, 2021 @12:16PM (#29419090)
Near-zero cost transactions are not sustainable. They're basically burning through their VC money to pay a small number of validator nodes to host their blockchain, which is not that different from using a centralized database.
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