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Then by your own admission the protocol itself is not the ponzi, but the speculation on top of it is. This can be true for anything which has a market price, an
by mattwilsonn888 5y ago
Then by your own admission the protocol itself is not the ponzi, but the speculation on top of it is. This can be true for anything which has a market price, and you've ceded the point without realizing.
Also keep in mind that The Bitcoin Network has a quantifiable measure of value and therefore not all trading of it can be labelled speculation, whether you agree on that value or not.
- mohanmcgeek 5y ago> the protocol itself is not the Ponzi Isn't that what my original comment was? Aside from that, Bitcoin is still a flawed model stemming from an incorrect understanding of money _whether you agree or not_ That it's _only_ used to run ponzi schemes is a problem on top of that.