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Re:SEC Charges Terraform and CEO Do Kwon with Defrauding Inv... by anticensor on Friday February 17, 2023 @06:26AM (#34833396)
Unless you accept the difficulty of the math involved and the electricity spent during solving the mining as the backing value.
Re:SEC Charges Terraform and CEO Do Kwon with Defrauding Inv... by colesantiago on Friday February 17, 2023 @06:48AM (#34833536)
Nope.

There is no value to wasting electricity just to solve meaningless mining puzzles all to build a distributed ponzi scheme.