Bitcoin is a Ponzi

[ogc163]

maybe more appropriate thread title is Crypto is a ponzi

The whole system is a Ponzi though

 

[BushidoBrown]

 

[BushidoBrown]

The whole system is a Ponzi though

thats kind of the point i was trying to make. the institution of crypto broadly elicits ponzi & fraud like activity, its not just exclusive to bitcoin

 

[Skooby]

except this have nothing to do with cryptocurrency though countries digitizing their currencies are just replacing paper fiat with digital ones. totally different from crypto which are digital assets. Blockchain can be the underlying technology or maybe not, but it won't have any impact on crypto except what people but in their heads.

Quoting this for emphasis.

Digital currencies are not the same as crypto, which as you said, are digital assets.

 

[ogc163]

 

[ogc163]

Solid series

 

[ogc163]

 

[Tres Leches]

Yea cause China wants to keep control and surveillance meanwhile Americans need to keep the power of the dollar by any means



Too bad for them there’s like 200 other countries

 

[ogc163]

Yea cause China wants to keep control and surveillance meanwhile Americans need to keep the power of the dollar by any means



Too bad for them there’s like 200 other countries

Yeah, and large scale adoption of Bitcoin in those countries is becoming more prevalent right?

 

[Tres Leches]

Yeah, and large scale adoption of Bitcoin in those countries is becoming more prevalent right?

Give it time unless you think these countries will stop printing

 

[ogc163]

Give it time unless you think these countries will stop printing

Ahh yes the typical crypto bro response, when asked for specifics you jokers just default to some form of " crypto is the future...just wait and see"

Let me guess, next up in the arsenal is some form of "Oh I can't wait to up this thread when ...(insert highly improbably crypto outcome)"

 

[ogc163]

 

[Paper Boi]

 

[ogc163]

 

[Tres Leches]

Bbbut Gary gensler