EVERYTHING ELSE IS A PYRAMID SCHEME TOO

[Anonymous No.50705211]

Why do griftocurrency beliebers keep saying this? Are they retarded?

[Anonymous No.50705237]

>>50705211
It's real nigger, the dollar itself is one

[Anonymous No.50705246]

Ask yourself why traders buy any stock. It's to sell to a "greater fool" later on at a higher price.

[Anonymous No.50705262]

>>50705237
Not relevant, the dollar is not an investment.

[Anonymous No.50705277]

>>50705211
Ouho did you really just post a chudjak?!!! I have to inform you that chudjaks are highly offensive and always, always off-topic. The /r/pol/tard mass reporters are already on their way so you better be quick.

[Anonymous No.50705279]

>>50705262
Every investment involves dollars, it absolutely is relevant

[Anonymous No.50705280]

>>50705246
It's also to receive dividends and gain voting power in the company.

[Anonymous No.50705299]

>>50705211
Yes, they are literally retarded.

>>50705237
>>50705246
Cases in point.

[Anonymous No.50705303]

>>50705279
Every investment involves pesos, yen, and euros as well then, considering you can just as easily sell your investment for those. Or gold if you prefer.

[Anonymous No.50705346]

>>50705280

So if my crypto provides staking rewards and/or allows for governance, does that mean it's no longer a pyramid scheme?

[Anonymous No.50705370]

>>50705280

Also, exactly what percent of shareholders actually vote on proposals and make their voices heard for your average publicly traded company. It wouldn't surprise me if it's 5-10% or less.

[Anonymous No.50705378]

>>50705303
All fiat currencies are pyramid schemes, gold is not because actual work is required to get more and can't be created because a government said so

[Anonymous No.50705389]

>>50705346
Depends where the staking rewards comes from. If the staking rewards come from the people staking after you, or leverage buying other cryptos, it's just a more elaborate pyramid scheme. If the staking rewards come from someone algo trading, or some kind of finance technology, then you're essentially investing in an unregulated security, which isn't a pyramid scheme, but hopefully you're not high profile enough for the feds to go after you.

[Anonymous No.50705407]

>>50705346
stocks also give you rights on FCF that can be used in different ways to increase its value. There is a "usable" case for all stocks that is the performance and products the underlying company is involved with.

[Anonymous No.50705422]

>>50705211
The biosphere is a negentropic ponzi scheme

[Anonymous No.50705443]

>>50705370
Probably more like 60-80%, considering a small proportion of each stock is owned by retail investors vs blackrock, pension funds, investment banks, endowments, etc. The fact that you're sitting on voting shares and abstaining increases the value of those votes for any activists.
>>50705378
Then you can sell your stock and buy gold the instant you sell it, effectively avoiding touching fiat.

[Anonymous No.50705954]

>>50705237
the dollar is backed by real work and the strongest military in the world
crypto is backed by pipe dreams and reddit keyboard warriors

[Anonymous No.50705992]

>>50705299
It's case in point you fucking uncivilized monkey

[Anonymous No.50706048]

>>50705211
Crypto/btc isn't a pyramid scheme. You don't know what that means faggot kys.

[Anonymous No.50706072]

>>50705262
neither is bitcoin
but one isn't getting cantillion effect''ed to death

[Anonymous No.50706074]

>>50706048
its value goes up only because the current wave of buyers encourages a new wave of buyers to buy in.

[Anonymous No.50706092]

>>50706074
That's not a pyramid scheme that's just fomo or general market psychology at play. Fucking retard go back.

[Anonymous No.50706102]

>>50705280
Based and BlackRock pilled
https://www.youtube.com/watch?v=a2gkNM-I6_4

[Anonymous No.50706182]

>>50706092
Fine, ponzi scheme, not pyramid scheme. In any case, the argument for investment comes entirely from future investors buying at higher prices.

[Anonymous No.50706191]

>>50705407
Not true for derivates which are widely traded and socially accepted

[Anonymous No.50706211]

>>50705992
>plural of 'case' is 'case'

[Anonymous No.50706233]

>>50706048
>Crypto/btc isn't a pyramid scheme.
Of course it is.

[Anonymous No.50706242]

>>50706191
Derivatives derive their value from the underlying. For example, a stock option has the same fundamentals as the stock itself, since it can be converted to shares or used to sell the stock at a given price.

[Anonymous No.50706295]

>>50706182
For most cryptos the argument for investment comes from future expected value. For example ripple wants to reduce complexity of interbank transfers. There's real value in that. Obviously it's very unlikely they will succeed, but that just makes it a high risk investment, maybe even a scam if they don't even believe themselves they can accomplish what they promise. But it's not a pyramid scheme

[Anonymous No.50706305]

>>50706182
It's not that either. Nobody is promised any kind of return when putting their money in crypto. In fact they're regularly told not to invest what they can't afford to lose and to expect major losses.

[Anonymous No.50706325]

>>50706242
But they often can't be. They don't have to grant you a fraction of the voting rights or anything like that, they just mirror the dollar valuation

[Anonymous No.50706342]

>>50706325
You don't hold the derivative forever, you execute it before it expires.

[Anonymous No.50706343]

>>50706305
"Promises" aren't necessary. All that matters is that the asset being shilled has no fundamental value.

[Anonymous No.50706400]

>>50706343
Wrong

[Anonymous No.50706450]

>>50705211
If it's not paying you to hold it (dividends), then it's a ponzi scheme/greater fool.

There's nothing wrong with things being that, but let's not convince ourselves that we don't buy stock/crypto to sell it later on at a higher price or use it as leverage to take out a loan.

[Anonymous No.50706500]

>>50705262
Nigger the point of crypto is to replace the dollar. Crypto is not an investment. It’s a bet that all value of fiat gets transferred over to digital funny money. Actually if people didn’t treat it like an investment (let’s say only one crypto existed to replace all of fiat). The “value” would be a single step like picrel. It’s why there’s such a hodl mentality with people who read the white paper. Number eventually will stop going up once fiat goes to zero but until then you can latch on and enjo the ride

[Anonymous No.50706511]

>>50705211
anon do you realize how fragile and fake our financial system is

[Anonymous No.50706532]

>>50706511
In spite of everything fake, real value still exists in the markets.

[Anonymous No.50706558]

>>50706072

[Anonymous No.50706598]

>>50705211
Ten years from now when ONE btc is worth 1 MILLION dollars USD they will say it is a bubble and a scam.
I hate them, they are mostly Americans too I bet.

[Anonymous No.50706608]

>>50706598
>btc will do a x50 in the next decade
keep dreaming moonboy retard

[Anonymous No.50706613]

>>50705246
>It's to sell to a "greater fool" later on at a higher price.
So retail Arbitrage?

[Anonymous No.50706688]

>>50706450
>dividends
For stocks, dividends/buybacks are less important than earnings growth. Crypto does not generate positive economic growth at all so it is pure ponzi.

[Anonymous No.50706852]

>>50705280
hahahaah hahahahaahahhaha hahahha like anyone gives a flying fuck

[Anonymous No.50708671]

>>50706532
You're right anon. There are still platforms with relevant use cases and we can mention in the space. In recent times, we even have identity management platforms that grant users asset security as well.

[Anonymous No.50708699]

>>50706532
You're right anon. There are still platforms with relevant use cases that we can mention in the space. In recent times, we even have identity management platforms that grant users asset security as well.