How Value Flows in Crypto

In today’s morning reads, I linked to this Medium column, which is worth reading idf you are interested in this sort of stuff:

“The major stakeholders in this market are exchanges (naturally), altcoin/cryptocurrency/fork issuers, and coin ranking sites, who mutualistically work together to extract value from one group: retail investors. Unwitting investors juice the whole operation with infusions of capital. While none of this is particularly groundbreaking, I felt that it was worth exposing these relationships so investors might understand the nature of the game that they’re playing.”

I specifically wanted to comes this intriguing graphic (flow chart) of how value flows in Crypto:


A glimpse into the dark underbelly of cryptocurrency markets

Source: Medium

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