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[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

Too much money lying around.

As far as I understand the theory of blockchains, they could be used as a reasonable payment system. But not as a currency. Not for investing, not for trade in an investment sense.

Sadly, so far, implementing real decentrality combined with mining is - more or less - always an invitation for anyone with money to try to mono- or oligopolize them.

[–]CreditKnifeMan 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Sadly, so far, implementing real decentrality combined with mining is - more or less - always an invitation for anyone with money to try to mono- or oligopolize them.

The same applies to precious metals mining, etc. Particularly the oligopoly.