u do realize bitcoin is a literal ponzi scam right?
U do realize bitcoin is a literal ponzi scam right?
Kayden Perez
Andrew Torres
so are your mommas titties but that didn't stop you from being born...
John Morris
Yes.
Grayson Campbell
Yup
Gabriel Lee
Is it? And all these people have been scammed?
Or maybe you just aren't able to understand it. You know, because you are too stupid. TOO STUPID.
Chase Sanders
No it isn't, bitcoin produces so much value, you are just too much of a brainlet to understand
Henry Cooper
No.
Easton Long
Yeah
Grayson Sanders
Years from now you’ll still be on this board talking about ponzis, when all you had to do was hodl bitcoin to make it
Blake Perez
this guy is a ponzi too
Josiah Powell
>bitcoin is a literal ponzi scam
It's actually not at all
But please offer your high-school-economics-class-level-understanding explanation of why you think it is.
Levi Bailey
we know, we are here for the ride.
Nicholas Jenkins
everyone who doesn't is a fucking retard at this point and the idiots that get in now will get rekt
Mason Watson
ok retard
Julian Jenkins
Pls explain to this hodling retard.
Parker Reyes
you mean bagholding
Chase Harris
why did he do it bros
Brody Jenkins
Yeah but your loom circle is legit af
Jaxon Parker
literally the same definition as USD
Gabriel Howard
Of course it is. Only underage retards give their pocket money for a privately digitally created crypto already inflated by early "investors" that is not and for that reason never will be any accepted means of payment.
Cooper Wright
Mason Richardson
Everyone realises that.
Blake Morris
>not using bitcoin to buy drugs
Xavier Ward
I kind of wish it kept a stable price so people would use it to purchase stuff anonymously rather than hoard it.
Wyatt Sanchez
Its "success" depends on people buying it for a higher price than its current price, so yes in a very real sense it is a Ponzi. Didn't use to be, but now it is.
Chase Lopez
Listen you maggots, LIFE IS A MOTHERFUCKING PONZI. Reality is built on lies and deception, everything around you is one big majestic illusion.
There is actually only one universal certainty on this planet amongst all the lies, politics, games and deceit. And that is that there will never be more than 21 million BTC in existence. There are no other truths on this planet. This is why I would rather back this mathematically certain ponzi than any other ponzis out there.
Christian Harris
yea the only thing u can actually do with it is buy drugs, which is the only reason it mooned in the first place.
Isaiah Edwards
It's all about shitcoin cycles, user. For instance, I'm 200% up on PNK, but I know it'll continue to rise, so I buy more. In a year, I sell to spec -> real use.
It's not that hard. Just Buy Kleros.
Jose Gomez
so is everything other than dividend paying stock, and all those old companies are maxed out and failing now anyway
Isaac Clark
Nice, I’ll just buy more and Mae my stock go up.
Mason Lee
It has no value and relies on the greater fool theory to make investing worthwhile