methinks the lady doth protest too much
Mayhap, but t'was to redress swarms of pro-ponzi phampleteers, i did
Topic: WHY BTC is NOT a Ponzi scheme (Read 932 times)
Mayhap, but t'was to redress swarms of pro-ponzi phampleteers, i did
Bitcoin also does not ride a motorcycle and say "AAAAAAAAAeeeeeeee"
methinks the lady doth protest too much
Ok I will start
[1] When the early high JINI sell out their large holdings the whole scheme benefits, and it would be good that you can get BTC a lower prices.
[2] A currency does not claim or set out to create value or be an investment return scheme. A currency is a mechanism to store, measure and transfer value efficiently. The fact that the currency may also make a good return to some is a collateral benefit only. It merely indicates the worth of the currency itself as a currency v alternative currencies eg USD, gold, etc.
A ponzi scheme is explicitly about creating value, investment return.
[1] When the early high JINI sell out their large holdings the whole scheme benefits, and it would be good that you can get BTC a lower prices.
[2] A currency does not claim or set out to create value or be an investment return scheme. A currency is a mechanism to store, measure and transfer value efficiently. The fact that the currency may also make a good return to some is a collateral benefit only. It merely indicates the worth of the currency itself as a currency v alternative currencies eg USD, gold, etc.
A ponzi scheme is explicitly about creating value, investment return.
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