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cryptocurrency and related discussion
Bitcoin: Why is the largest cryptocurrency crashing?
submitted 1 year ago by [deleted] from bbc.co.uk
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[–]NuclearBadger 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
Because the entire thing runs as a pyramid scheme.
Until a crypto comes out that someone has to trade physical gold or something in to generate and that you CANNOT BUY with any other currency, it'll fail.
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[–]NuclearBadger 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)