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RE: IOTA $MIOTA down -53.93% from all time high marketcap $3.05 billion

in #blockchain7 years ago

IOTA is built to be an internet of things transaction placeholder. Its literally in its name. A Tangle IS the kind of implementation one would use for IOTA, but they have not answered WHERE your Digital Currency is stored. "Somewhere" is not a valid reason for an IOT (Internet of Things) Currency to be a store of value, in fact, the economics of a Blockchain Solution as IOT vs Store of Value are actually opposite.