Comment

Comment by colesantiago

What can you do with speculation other than causing people to lose their life savings?

What good is there in a so called currency based on fictitious tokens created out of thin air and backed by completely nothing and adding nothing useful to society?

Even Nvidia agrees:

https://www.theguardian.com/technology/2023/mar/26/cryptocur...

At least gambling is regulated where as crypto is a unregulated decentralised wild west where there is no protections whatsoever.

Where is the use case in people losing money in a pyramid scheme using crypto tokens?

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton