Deleted User
1Yr
Comment was deleted
Yes, of course it does. Who is ripping people off with Bitcoin? Who is making absurdly high promises of returns?
According to your logic, every tradable asset should be a Ponzi. What if I buy a gold bar and can't find a "subsequent debtor"? What if I buy shares that nobody wants to buy from me for a higher price?
I would recommend that you do a little research into Bitcoin. There is hardly any other topic where people have such a firm opinion with maximum cluelessness. If you want, I can even give you some book recommendations.
If not, you don't have to invest in Bitcoin or deal with it.
According to your logic, every tradable asset should be a Ponzi. What if I buy a gold bar and can't find a "subsequent debtor"? What if I buy shares that nobody wants to buy from me for a higher price?
I would recommend that you do a little research into Bitcoin. There is hardly any other topic where people have such a firm opinion with maximum cluelessness. If you want, I can even give you some book recommendations.
If not, you don't have to invest in Bitcoin or deal with it.
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Deleted User
1Yr
Comment was deleted
@Madhatter5566 You don't know the Bitcoiners very well. Hardly anyone wants to sell their Bitcoin and get euros from it. Why should you exchange good money for bad money?
The issue of intrinsic value is also complete nonsense. Value is ALWAYS subjective. You can't draw conclusions from yourself to all other people.
I see enormous value in Bitcoin as a democratically regulated, censorship-resistant, decentralized and absolutely scarce money.
As I said, accept the offer and get to grips with it. There is much more to it than you might initially think. I also labeled it a scam for years - until I lowered my ego and looked into it.
And if you don't want to do that, that's fine too, but then you can't complain in a few years' time 😉
The issue of intrinsic value is also complete nonsense. Value is ALWAYS subjective. You can't draw conclusions from yourself to all other people.
I see enormous value in Bitcoin as a democratically regulated, censorship-resistant, decentralized and absolutely scarce money.
As I said, accept the offer and get to grips with it. There is much more to it than you might initially think. I also labeled it a scam for years - until I lowered my ego and looked into it.
And if you don't want to do that, that's fine too, but then you can't complain in a few years' time 😉
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Deleted User
1Yr
Comment was deleted
@Madhatter5566 Well.... 97% of my wealth is in Bitcoin. Did you read my post? How was that an advertisement? Where am I saying people should buy bitcoin?
And yes I don't like "cryptobros", but that's because there's a huge difference between bitcoin and "crypto".
And yes I don't like "cryptobros", but that's because there's a huge difference between bitcoin and "crypto".
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Deleted User
1Yr
Comment was deleted
@Madhatter5566 If you dismiss humanity's hardest asset as worthless, then I can't help you either.
As if my contribution is responsible for the price being where it is.
If I were you, I'd ask myself whether you really think you're smarter than Larry Fink and Blackrock... or VanEck... or Fidelity...
Or even Michael Saylor.
But you figured it all out and figured out it's a Ponzi, congratulations🤝
As if my contribution is responsible for the price being where it is.
If I were you, I'd ask myself whether you really think you're smarter than Larry Fink and Blackrock... or VanEck... or Fidelity...
Or even Michael Saylor.
But you figured it all out and figured out it's a Ponzi, congratulations🤝
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Deleted User
1Yr
Comment was deleted
@Madhatter5566 Then we agree that we don't agree😉 We'll see who's right in the next few years.
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Deleted User
1Yr
Comment was deleted