Something I realized today:
What makes bitcoin any different from a ponzi games that we see in the gambling section?
In those games, you send your coins to someone and he holds it until someone else sends coins and then pays you, in the end no one sends him coins so payouts stop and the last guys who have coins in it don't get a payout.
How is bitcoin any different? You bought coins, someone buys them from you waiting for someone else to buy them and keeps going like that until no one buys them, or less people buy them so they end up losing their money.
Bitcoin is a decentralized ponzi scheme with no central authority. You f*** over each other by selling "bitcoins" to someone else who hopes someone else buys them from him.
You know I'm right.
Disclamer: I am not holding bitcoins any more.
I am taking my money and leaving while I'm up.
Good luck.
What makes bitcoin any different from a ponzi games that we see in the gambling section?
In those games, you send your coins to someone and he holds it until someone else sends coins and then pays you, in the end no one sends him coins so payouts stop and the last guys who have coins in it don't get a payout.
How is bitcoin any different? You bought coins, someone buys them from you waiting for someone else to buy them and keeps going like that until no one buys them, or less people buy them so they end up losing their money.
Bitcoin is a decentralized ponzi scheme with no central authority. You f*** over each other by selling "bitcoins" to someone else who hopes someone else buys them from him.
You know I'm right.
Disclamer: I am not holding bitcoins any more.
I am taking my money and leaving while I'm up.
Good luck.
So, you don't like capitalism eh!!! Me neither!
