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December 07, 2013, 12:37:07 PM |
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Physical gold always, beyond its scarcity, always offered an intirinsic value. Leisure, arts, medicine, chemistry, research, beyond the currency, gold was searched for because there was a demand for it.
What about a coin with a similar intirinsic value ?
A coin where users would buy the coin because it gives a direct service ?
What could be the intrinsic value of crypto ?
Actually it has an intrinsic value, the network hash power. Rather tahn turning this network power into wasted power , this power could give a service.
I always dreamt of a coin where you would have to pay using the coin to buy a SH256, Encrypted chain network brute force, maybe starting with lower diff rate ? Is that ever possible ? That way, it give an intrinsic value, something making people buying the coin to get the service.
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