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by reynard_le_faux 1891 days ago
These people buying power stations aren't rich?

One of the issues with crypto currency is that we're replacing one elite with another.

As John Oliver says Cryptocurrency is everything you don't understand about finance combined with everything you don't understand about computers. That new, even eliter, elite is probably no more moral or ethical than the old.

It's not like cryptocurrency is more accessible. Maybe it will become so but I still have to fork out a lot of money to buy Bitcoin. It's just the fees get paid to different people.

Not entirely sure how it's better. It is different though, I'll give you that.

1 comments

Bitcoin is like any other infinitely divisible asset. You can buy as much or as little as you want.