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> It’s viewing Bitcoin through a lens of a traditional Ponzi scheme... And? Should we should look at it through a lens of a non-traditional Ponzi scheme? Ponzi
by LurkingPenguin 5y ago
> It’s viewing Bitcoin through a lens of a traditional Ponzi scheme...
And? Should we should look at it through a lens of a non-traditional Ponzi scheme? Ponzi 2.0 is better than Ponzi 1.0?
> What if people are seeing discussion of minting a trillion dollar coin, trillions in QE, 25% of all dollars created in the last 12 months…and concluding that fiat currency is in an endgame and they are permanently trading what fiat they have now for one of a finite number of digital assets that will ever be created.
If the Debt Bubble is nearing its end and fiat currency is in grave jeopardy, what is the mechanism by which the people holding these "digital assets" will save themselves from the economic hell that awaits the world?