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RE: The Digital Gold Rush is Now and Steemit is Positioned to Thrive Like It’s 1849

in #steemit7 years ago

You can't talk about gold rushes without talking about the thousands of impoverished ghost towns that they leave behind.

Also, it was rarely the miners themselves who became rich; it was the people who provided services to the miners.

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Those were points that I talked about here. The cryptos that don't provide more than just a speculative investment won't last. They don't have any special utility and will be ghost towns.

One of my last lines asks to ponder who really became rich during the gold rushes. Those that sold the instruments of the trade and those that entertained. What could that be in the digital age? Well, those making programs and apps for crypto.

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