Cryptocurrencies Operate on ‘Fraudulent’ Business Model: Hotmail Founder

“The most successful companies of the last 10-15 years have been networks,” he concluded. “Facebook, WhatsApp, Instagram, and even Uber is kind of a network. It seems that cryptocurrencies are trying to grow a network and people buy tokens and people participate in the growth of the network. But what is the network really doing? The fundamental question of creating value for society is one they carefully dodge.” [https://www.ccn.com/cryptocurrencies-operate-on-fraudulent-business-model-hotmail-founder/](https://www.ccn.com/cryptocurrencies-operate-on-fraudulent-business-model-hotmail-founder/)



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    June 13, 2018
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