Cryptocurrency in the news #29

Turns out about 15 months ago, someone had already figured out how the mining costs of hash-based proof of work moved relative to the market prices of tokens, see “Why Bitcoin will never be a good store of value” by Stefan Loesch.  One common retort to Loesch’s argument is that at some point in the future, for some reason, users will one day start paying higher tx fees.  This is unlikely because it is a collective action problem.  Why would people pay several orders of magnitude more to have the same exact service?

A new feature/dashboard that I came across is CoinGecko — has some interesting metrics to look at.

Other links related to digital currencies and China (linking is not an endorsement of service, coin, chain, etc.):

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