most successful ponzi scheme of all time.

[Anonymous No.29391923]

[Anonymous No.29392014]

>>29391923
>he has no idea what a ponzi is
>he has no idea what bitcoin is either

you need to go back

[Anonymous No.29392032]

which unironically makes it a good long-term investment

[Anonymous No.29392139]

Amway has been going for much longer.

[Anonymous No.29392207]

>calling anything that is traded a ponzi
ngmi

[Anonymous No.29392372]

>>29391923
Money is political not economic in its foundation. Money is valuable as a system and its token units derive their utility from the value of that system. It's always been fiat; read Graeber.

[Anonymous No.29392443]

>>29391923

wrong. the most successful ponzi scheme is currently gold

[Anonymous No.29392594]

>>29392443
>gold is ponzi
>btc is ponzi
>fiat is ponzi
mfw we are all moving between different ponzi's. mfw i have no face.

[Anonymous No.29392685]

>>29392594
i have no ass and I must shit

[Anonymous No.29392716]

>>29392443
gold has always had other uses than SoV alone

[Anonymous No.29392857]

and there we have it, 5mins into the correction and btcs a ponzi. Sooo... predictable and boring.

[Anonymous No.29393037]

Newfags at moments like this it pays to remember the one and only rule of crypto: In the end BTC and ETH always win.

[Anonymous No.29393769]

>>29393037
ur momma won my heart

[Anonymous No.29393770]

>>29391923
Someone out there has probably gone from a few hundred to over a billion dollars just from bitcoin. Insane ponzi.

[Anonymous No.29393898]

>>29391923
Ponzis require the ability to create new shit to sell at will.
BTC creators can't create more btc out of thin air.

[Anonymous No.29394760]

>>29393898
So if I make something up with numbers it’s not out of thin air? It is tangible and real? No faggot and the value is not intrinsic it is fueled by belief in the scheme. If people stopped believing in gold or silver they would still have real world uses. Gold is the best conductor in microchips or some shit right? Wtf does this Bitcoin Ponzi shit have? I mean you accumulate and then dump when people fill it with value. Then you call them bag holders. It’s a fucking con like penny stock pump and dump it should be illegal or have it’s value tied to real world so that faggots with no life can’t manipulate the price and con people out of their money. I only bought grt @ 1.70 and sold @ 2.45 a few days on the last big pump so I’m not even salty it’s just damn what a faggoty way to steal productivity and waste it on a fucking Jew scam I hate this lame ass shit your all faggots

[Anonymous No.29394924]

What about social security? A ponzi scheme everybody must participate in.

[Oraichain No.29394992]

>>29391923
the most boomerish take of all time

[Anonymous No.29394998]

If you want a real Ponzi scheme, looks at the finances of your local municipal government.

[Anonymous No.29395066]

>>29394760
Gold and silver aren't really useful, they just have inherent value because they're shiny and precious. I could give someone who knows nothing about financial markets an ounce of gold and I suspect they'd be able to price it reasonably accurately. Would you trade an ounce of gold for a chocolate bar? Obviously not, too low. How about for a nice car? Sure, it's a steal.

So how about bitcoin? Yeah, exactly. No one who knew nothing about financial markets or bitcoin could even begin to give you an even remotely accurate answer.

[Anonymous No.29395096]

>>29394760
>it should be illegal or have it’s value tied to real world

[Anonymous No.29395117]

>>29394760
intrinsic value only exist in marxist theory of value, all other economic theories reject that retarded idea.

As for bitcoin with proof of work you can't "make it" you need to mine and invest terawats of energy to do so.

[Anonymous No.29395215]

>>29392032
Do u know how ponzi schemes end anon

[Anonymous No.29395273]

>>29394760
You just described all currency.

Wait until you realize that many currencies have value solely and directly tied to other currencies.

[Anonymous No.29395533]

>>29394760
bitcoin is the currency of the internet mega faggot, it's being accepted as that, and can't be created out of thin air, what do you want more? you think it can be dropped overnight?
this is like saying a competing network to the internet can replace it overnight
this is what you are :
a STUPID FAGGOT

[Anonymous No.29396107]

>>29395533
Well we need to change how it’s value is inflated by investors then deflated when people who bought in early steal the value later investors put in, that system is a fucking Jew scam were all tired of it. Fuck fiat fuck Bitcoin fuck it all gd money changer faggots. Value and wealth should be earned not swindled.

[Anonymous No.29396233]

Bitcoin is a distraction from tangable assets such as precious metals and real estate created by central banks as a factor to channel excess capital flow during hyperinflation.

[Anonymous No.29396245]

>>29391923
>Most successful ponzi of all time
Not the USD. OP is a seething eternally priced out nocoiner.