I get you there, what is the added value? Is there any value in these tokens? Well they need to be staked, and to be staked, they need to be bought, so there is value in them. But the mining really blows my mind, I think that is just ridiculous. As long as people use the condensers and upvote and create content there is value. But will there be collapses of these communities? For sure!
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I don't think the fact that they need to be staked gives them any value. That on its own just makes it into a Ponzi, Stake tokens to earn more tokens.