Reply to post: @soulrideruk

Floyd Mayweather-endorsed cryptocoin startup knocked out by fraud allegations

Sorry that handle is already taken. Silver badge

@soulrideruk

I suppose you could say it has value to you because you came out ahead.

However it is not economically productive and on balance has no real value. Moving money from the pockets of newcomers to those of early adopters and miners* is at best a zero sum game.

Cryptocoins can't seriously be called currency because they're not in common use and aren't trivial to use.

* and through the miners, manufacturers of mining equipment and power utilities.

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