11–20 of 328 posts
Nice job. Now if only some people would see the difference between an actual ponzi scheme like this one and bitcoin and other cryptocurrencies. That would be nice.
Show me one cryptocurrency that has driven real world industry more than financial speculation and scamming.
IRS wants to crack it and awarded $1.25 million contract: https://cointelegraph.com/news/chainalysis-and-texas-firm-wi...
undying classic from carlos https://www.youtube.com/watch?v=XFwlWLtsw6c
undying classic from carlos https://www.youtube.com/watch?v=XFwlWLtsw6c
undying classic from carlos https://www.youtube.com/watch?v=XFwlWLtsw6c
Nice job. Now if only some people would see the difference between an actual ponzi scheme like this one and bitcoin and other cryptocurrencies. That would be nice.
There isn't any difference.
Earlier quoted context omitted.
It will take time. Upsetting technologies attract conartists like flies to honey. Critics will deliberately conflate the cons with the rest until then, as it's a very convenient argument (though obviously fallacious.)
> It is difficult to get a man to understand something when his salary depends upon his not understanding it. > - Upton Sinclair
Nice job. Now if only some people would see the difference between an actual ponzi scheme like this one and bitcoin and other cryptocurrencies. That would be nice.
The really fascinating bit isn't that they're currently programmed to think that crypto is doubleplusungood, it's the 180 narrative flip they'll do the second that their chosen media entities tells them to view crypto as doubleplusgood. You're going to see hordes of former crypto detractors rewrite history in their minds and come out with a new viewpoint without an inkling of self-awareness.
Nice job. Now if only some people would see the difference between an actual ponzi scheme like this one and bitcoin and other cryptocurrencies. That would be nice.
Let's assume for the faith of your argument that Bitcoin is a ponzi scheme. Who is at the top that gains from all of this? And how are you gonna indict "them" when seemingly no one knows who they are?
In a ponzi scheme the people higher in the pyramid are anyone who joined in the past and is trying to grow it. You could say Satoshi with his early mining and various other "insiders", whether their identity is known or not, are at the top. I don't necessarily agree that it's a ponzi scheme, although I'm sympathetic with many anti-crypto arguments, but that's the reasoning if expect they'd use.
Nice job. Now if only some people would see the difference between an actual ponzi scheme like this one and bitcoin and other cryptocurrencies. That would be nice.
Show me one cryptocurrency that has driven real world industry more than financial speculation and scamming.
Earlier quoted context omitted.
Let's assume for the faith of your argument that Bitcoin is a ponzi scheme. Who is at the top that gains from all of this? And how are you gonna indict "them" when seemingly no one knows who they are?
> Who is at the top that gains from all of this? In a ponzi scheme the people higher in the pyramid are anyone who joined in the past and is trying to grow it. You could say Satoshi with his early mining and various other "insiders", whether their identity is known or not, are at the top. I don't necessarily agree that it's a ponzi scheme, although I'm sympathetic with many anti-crypto arguments, but that's the reaso…