@Valour
The reason why many are comparing cryptocurrency to a Ponzi is because so many of the coins we have out there are not serving the purpose cryptocurrency was created for. A store of value or just a scheme to get the rich, richer and the poor, poorer. However, Bitcoincash stands out among all these coins, check this piece out... https://read.cash/@HappyBoy/bitcoincash-is-serving-the-purpose-for-which-cryptocurrency-was-created-8ecbe3f0
1 comment
I think this is absolutely right. There just HAS TO BE a real world application for a coin / token for it have any real value and everything else we should be cautious of and especially if Elon Musk decides to run with it. Get on the train with him by all means but make sure you get off before it becomes a wreck