Why we put money into bizarre cryptocurrencies like ponzicoin and cryptokitties
- Written by Brendan Markey-Towler, The University of Queensland
CryptoKitties is a blockchain-based gameShutterstockSome initial coin offerings seem like scams (and some are), but behavioural research shows our emotions are part of why people buy in to cryptocurrencies for fruits and vegetables or crypto trading even if cool-headed rationality screams at us not to.
An initial coin offering is just like an...
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