@slightlylate this a hilariously incorrect assessment of Bitcoin - it's a payment rail unique abilities right now, nothing Ponzi about it.
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@slightlylate can you back that assertion? Speculators getting screwed over asset volatility != Ponzi, and it's not paying new money w/ old - 4 more replies
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@slightlylate@thegrugq@ObsoleteDogma Incorrect: Bitcoin is Ponzi scheme that redistributes wealth from libertarians to hackers.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@slightlylate@hypatiadotca@ObsoleteDogma@washingtonpost I stopped reading when I saw the graph that stopped at $160. -
@techbytom@slightlylate@ObsoleteDogma and who was the graph from? :) - 1 more reply
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@slightlylate@bodil the author's understanding of how Bitcoin works is wrong and arguments are weak -- a poorly researched article.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@slightlylate@bodil@ObsoleteDogma this analysis is quite poor. It is self correcting and these are people who misallocated resources.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@slightlylate@thegrugq I thought it was a ponzi scheme to redistribute wealth from libertarians to the electric utilities.Thanks. Twitter will use this to make your timeline better. UndoUndo
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