IMHO, the primary argument is: > It is completely unambiguously obvious to me that Bitcoin, a brilliant achievement technically, is functioning as a Ponzi sche

IMHO, the primary argument is: > It is completely unambiguously obvious to me that Bitcoin, a brilliant achievement technically, is functioning as a Ponzi scheme, siphoning money from the pockets of rubes and into those of exchange insiders and China-based miners. Can anyone confirm/debunk this claim: > A few large holders commonly referred to as whales continue to own most Bitcoin. About 2% of the anonymous ownership accounts that can be tracked on the cryptocurrency’s blockchain control 95% of the digital asset, according to researcher Flipside Crypto. * https://www.bloomberg.com/news/articles/2020-11-18/bitcoin-whales-ownership-concentration-is-rising-during-rally https://www.bloomberg.com/news/articles/2020-11-18/bitcoin-w...