Sell most (or all) of your cryptocurrencies now

However unlike cryptocoins you can't make diamond out of thin air

It can be asserted that they are making diamonds out of 'thick' air.
https://www.acs.org/content/acs/en/pressroom/newsreleases/2015/august/co2.html

What's fascinating about the crypto space is the attempt to define and limit what it is based on a mindset that is rooted in how things have worked in the past. Personally, I think the growth of p2p networks will bring innovation at a scale we have not witnessed before.
 
Who gives a shit how they are created. That's a smokescreen to impress the millennial metrosexuals.

BTC would be NO DIFF if they were simply issued and serialized like paper currency .

Prove me wrong
Great idea. Why not try & do it yourself & see how it goes?
 
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Great idea. Why not try & do it yourself & see how it goes?


This has been done, basically. In Somalia, when the state institutions broke down due to civil war, people started to use forged Somali Shilling notes. Everyone knew they were not real, yet it still worked as a currency to by stuff in local markets. The price ended up being about equal to the costs of making a good real looking counterfeit Shilling-note.
 
This has been done, basically. In Somalia, when the state institutions broke down due to civil war, people started to use forged Somali Shilling notes. Everyone knew they were not real, yet it still worked as a currency to by stuff in local markets. The price ended up being about equal to the costs of making a good real looking counterfeit Shilling-note.
Why would someone pay real note for a counterfeit? Why not just use real banknote instead? Unless real notes were as worthless as the counterfeits.
 
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