Comment Re:Self Serving Story? (Score 1) 267
Crypto currencies are ponzi via their nature, the first ones are easy to generate and the starters generate huge numbers of them. The late ones are very hard to generate and the late comers desperate to see free money from their hardware investment are desperate to sell it to everyone else. As soon as the marketing collapses and the run out of people to sell the currency to, the market starts to collapse. The other selling point that it facilitates financial transaction to commit crimes and that is promoted, well, that will cause two problems. One governments will take a dim view of that scheme and two attracting organised crime is never a good idea for a currency that is only as secure as your password and your digits (toes and fingers).