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Ah great, another round of feeling bad as Ponzi Schemes as a Service makes people rich.
by 4dahalibut 6y ago
Ah great, another round of feeling bad as Ponzi Schemes as a Service makes people rich.
- qertoip 6y agoBitcoin is not a Ponzi. Debunked thousand times.
- noxer 6y agoIts not but it still relies on endless exponential growth which is not possible. The cycles are 4 year so it may work for a long time.
- ur-whale 6y ago>as Ponzi Schemes as a Service makes people rich Parroting shallow conclusions you've heard on the internets a thousand times without actually investigating them yourself isn't going to make you popular on HN.
- kemonocode 6y agoConsidering the generalized anti-crypto sentiment you often find here in HN, I'm not so sure about that. ;) Speaking about the fact itself and not just quipping: I think this latest all-time high speaks a lot more about USD than it does about BTC. Lots of money floating around at the moment looking to get busy and all that.