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Ponzi implies fraud. Bitcoin, by definition, can't be fraud. The protocol and code are open source. We know how it works. If you lose money because it's a spe
by rlt 5y ago
Ponzi implies fraud.
Bitcoin, by definition, can't be fraud. The protocol and code are open source. We know how it works.
If you lose money because it's a speculative bubble that eventually pops, that's because you made a bad bet, not because you were defrauded.
- oliwarner 5y agoIn the "guns don't kill people" category of arguments, it's the pump and dump influencers that are literally everywhere hyping it so they can sell theirs. You get rich from crypto by selling, not HODLing.