It’s not a Ponzi scheme any more than any other investment is a Ponzi scheme. Once 50% of society buys gold, who’s going to realize their gains? Except for gold

It’s not a Ponzi scheme any more than any other investment is a Ponzi scheme. Once 50% of society buys gold, who’s going to realize their gains? Except for gold speculators, the point isn’t necessarily to just realize gains, the point is to own an asset whose value is guaranteed not to disappear, even if it fluctuates. Granted, gold has a stronger guarantee than Bitcoin as of now. But that doesn’t make Bitcoin a Ponzi scheme.