The side effect of making early adopters rich like a pyramid scheme (or e.g. a startup) doesn’t prove that it isn’t a currency. They are logically separate matters.
Competition for mining power could a good thing, as it would drive the market for more energy-efficient computing equipment.
The side effect of making early adopters rich like a pyramid scheme (or e.g. a startup) doesn’t prove that it isn’t a currency. They are logically separate matters.
Competition for mining power could a good thing, as it would drive the market for more energy-efficient computing equipment.