"Bitcoin is just one big ponzi scheme. I understand what I think you guys think it is but to me it is a ponzi scheme that you get in and you have to be the one not left holding the bag" - @stoolpresidente
Oh dear Dave, by that definition every publicly traded asset is a Ponzi.
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Stocks become a scam when the promise of actual future profits to cash in on is shown to be a lie With Bitcoin, we KNOW that BY DEFINITION there will be no profits (they are not a stock, they are a commodity, and a commodity with no actual productive use)
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Like it literally does function exactly as if I went public with a stock in a company that has no employees, owns no physical assets or IP, makes no product, provides no service and has no customers It just has an extremely expensive and complicated way of issuing more stock
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