Economists liked to try and claim that Bitcoin was merely a ponzi scheme for a good few years. Well they obviously missed the economics lesson on ponzi's themselves. In that a ponzi scheme has no utility outside of increasing its financial value. while peer to peer cryptocurrencies with their blockchain architecture. Have plenty of utility outside of the concept of currency alone.
RE: What Economists Don’t Want You to Know, and How Steemit and Cryptocurrencies Prove Them Wrong
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What Economists Don’t Want You to Know, and How Steemit and Cryptocurrencies Prove Them Wrong