Re:Is it a Ponzi? A framework for evaluating crypto projects
by yarg on Wednesday June 08, 2022 @05:27PM
(#31674479)
100% not - but it sure does bubble up in price (due to speculation).
Gold is malleable, and non-degrading.
It can be readily converted between blocks for storage, and other forms required for function purposes.
It does not degrade - it will not react with water or air (or the water there-in); it is an effective indefinite store (until, that is, it gets stolen).
Gold is malleable, and non-degrading.
It can be readily converted between blocks for storage, and other forms required for function purposes.
It does not degrade - it will not react with water or air (or the water there-in); it is an effective indefinite store (until, that is, it gets stolen).