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No, because it is based on false scarcity. Ponzi schemes reward those who get into it early and rob money from those who join the scheme later. Bitcoin cannot
by deafpolygon 3y ago
No, because it is based on false scarcity. Ponzi schemes reward those who get into it early and rob money from those who join the scheme later.
Bitcoin cannot exist as real currency unless it has some real concrete value backing it. That concrete value needs to exist in tangible form for it to be stable.