Quote:
Originally Posted by misterbonkers
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guy says right in your video that people can just outspend you, ergo still a scam in favor of the wealthy, and that's strictly for mining, not even going over speculation
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Outspend you? Elaborate more. (I assume the mining rigs) - Competition drives efficiency and evolution. Difficulty rises and you must create new hardware to continue mining which involves: Energy, work and time aka Value. Mining and nodes are fundamental to "all" PoW block chains. A scam is what SBF pulled recently by taking investors money and donating it to even wealthier people to secure their own agendas.
Maybe start here..
https://www.youtube.com/watch?v=2yJqjTiwpxM