Bitcoin Is a Ponzi Scheme

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the burden of proof is on the prosecution, motherfucker. you tell me why it is

>>1663931

>debating validity of a currency
>burden of proof is on the prosecution

being this delusional

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>>1663929
All currency is a ponzi scheme, friend.

>>1663929
Ponzi schemes are run for the benefit of people operating them, they are fraudulent enterprises. Bitcoin is more akin to an overhyped penny stock or Beanie Babies - an asset with price driven almost entirely by speculation and "greater fool theory" that vastly exceeds its real value.

>>1663939

/thread

>>1663939

>Bitcoin = beanie babies

No. CS:GO skins are akin to beanie babies.

Beanie babies didn't have VC investors and tech startups. Let's face the fact that vendor acceptance of btc is spreading, and that in all likelihood btc isn't going away any time soon.

>>1663972
>Beanie babies didn't have VC investors and tech startups.
Startups that mostly failed to make a sustainable profit and just eat through capital provided by VC funds.

>and that in all likelihood btc isn't going away any time soon.

I don't know what timeframe you mean by "soon" and certainly I'm not attempting to offer any specific forecast. The two things supporting bitcoin are its use case in cybercrime (darknet markets, ransomware etc.) and libertarian hype. As soon as cybercriminals find a better payment method and libertarians grow disillusioned bitcoin is doomed, it cannot compete for market share in legal payments.

>>1663981

Can we stay in touch anon

>>1663985
I'm not a grill though.

>>1663989

Me neither, you got a facebook?
Email me to a throwaway email account

[email protected]