Post
Topic
Board Economics
Re: Why bitcoin is very different from Ponzi/Pyramid/Bubble
by
Ibian
on 14/01/2014, 21:22:42 UTC
You. Are. Wrong. There is no debating this. You are factually wrong.

Edit: About most of the rest that followed too, but that is not worth the trouble.

There are too many things wrong in your comment so I'm not going to bother. You just made it into my ignore list for being TFS. Bye.

Well, I would be lying if I told that answers like that, coming from the current bitcoin community, surprise me. They really don't. This forum reminds me of times when I actually visited religious forums trying to debate their point of view. What I found out was that it is futile to do so, because religion is mainly defined by the dogmas it follows and dogmas aren't considered to be debatable.
The current bitcoin community is becoming more and more of an religious cult, not an community that is interested in technological development of finance. Most of the people here are totally clueless about technology or finance and I think that it is the main reason why progression with bitcoin is so slow. Most of the people here think that they actually give their contribution to the community by chanting the words of the holy scripture: "choo choo, to the moon". Why the community is like that? Well I explained it above, that the deflative nature of bitcoin attracts a certain type of people that probably also visit motivational lectures for finding shortcuts how do be a millionaire without any education or hard work.

The cultist is you. You are wrong about bitcoin being a pyramid or a ponzi. Factually wrong, it is not a matter of opinion or feelings. You have been told why you are wrong. You know perfectly well where to look up the definitions and any technical questions about how bitcoin works can be answered here on this very board or looked up from other sources if so preferred. You can even look through the source code yourself. And you don't care. You have made up your mind and there is no budging it with facts.