Post
Topic
Board Altcoin Discussion
Re: Crypto passive income - a bubble?
by
ubay
on 28/08/2020, 22:42:06 UTC
I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?

No matter how many coins are in circulation, I still believe in bitcoin, because we have all become living witnesses of its power. But there is one more unique Proof-Of-Person Blockchain, the name is IDENA. This is a new project where we are required to validate that we are Human if we want to join the validation ceremony. Mining on the average laptop and it's great to be a part of that community.