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Something being wrong with the economy doesn’t preclude Bitcoin from being a scam. That’s a false dilemma you’re proposing.
by ashtonkem 5y ago
Something being wrong with the economy doesn’t preclude Bitcoin from being a scam. That’s a false dilemma you’re proposing.
- CalChris 5y agoIt's actually a whataboutism but otherwise I agree.
- chrisco255 5y agoThis, this is a scam: https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL Notice the 5x supply increase without a corresponding 5x in economic efficiency. Bitcoin is what it is. It's worth what people think it's worth. Just like gold. Gold has minimal practical use in real life but it was used as a type of money off and on for 5000 years.
- lottin 5y agoAll money is worth what people think it's worth. Next question.