How do people make money from crypto?

1.11K viewsEconomicsOther

And I mean LITERALLY explain like I’m 5, I literally know nothing of the technical terms and such

In: Economics

26 Answers

Anonymous 0 Comments

People make money off of crypto by selling electricity and computer components to the people mining for crypto.

It’s a lot like the gold rushes of history. People selling supplies to the miners made more reliable profits than those going out and searching for gold.

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