I am happy anf eager to learn about the function of crypto currency — I would be the first to admit I may have missed something. I should mention that my working career was in explaining how things work, simply and easily. I was reasonably good at it.
In the meantime:
1 — — if cc has real and increasing ‘value’, why are wages not paid that way?
2……. if cc is such a wonderful instrument of wealth creation, why do bankrupt nations, (Zimbabwe for instance) not invest in cc and elevate their country back to prosperity?
3…….Any wealth creation system that has to be supported by constantly increasing inputs of actual currency is ultimately a ponzi scheme, irrespective of ‘current ‘ values.
4….when I am told that I do not understand how something works, I expect (and want) to be told how it works