Hello all; this would be my first post here - I must say Ive enjoyed reading the last couple of days posts. And I have mined almost double digit rubies! Ive also looked at the charts of many other cryptos and it seems that they all head south. [Whether they will bounce only time will tell] This being the case, I gather that most miners move their coins to an exchange and sell. There is nothing that can be bought with these coins. (Bitcoin, Lite and a few other aside) - If there were real products that only accepted Rubycoin for example, would this support the value? And, whilst Im asking questions, why hasnt Amazon or Walmart created their own coin? (Maybe they have and they are mining their own coins which can then be traded like vouchers/gift cards?) Is this sense or have I missed something?
Well said sir!
But to answer your question, they haven't created their coins because they don't need to.
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