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It's articles like this (and the ferver on reddit) that has driven me away from bitcoin. The only way for people to make money with bitcoin is if people buy mor
by Woben 13y ago
It's articles like this (and the ferver on reddit) that has driven me away from bitcoin. The only way for people to make money with bitcoin is if people buy more bitcoin. /that/ is the ponzi scheme.
Ontop of all of it. What a stupid article.
- a3voices 13y ago> The only way for people to make money with bitcoin is if people buy more bitcoin. How is that any different than gold? Are you against that too?
- Woben 13y ago> How is that any different than gold? Gold has actual use outside of being a currency which is one of the reasons it's valuable. (and before the inevitable "OMG FIAT CURRENCY HAS NO VALUE EITHER" It has the weight of governments behind it. Like it or not they make it valuable.) I also think gold is a terrible idea for a currency, or a terrible idea for backing a currency - Get that out of the way as well.