Quote from: franky1 on December 17, 2019, 11:50:02 PM

Quote from: odolvlobo on December 17, 2019, 06:16:18 AM

If that is true, then Bitcoin is nothing more than a pyramid scheme.

if bitcoin had no purpose//function. and was just a buy to sell investment where there was no side value apart from speculation then it would be a ponzi

but as long as people can use bitcoin.. yes USE BITCOIN as a independant currency to buy pizza, baked beans and beer then it has a function and purpose

just being a store of asset with no other function than to just sell it. is a ponzi
its why i hate the idea of stiffling bitcoin out of a functional currency utility and hate to deem it as just a store of value
because using other networks as a currency/payment system makes bitcoin itself functionally nothing. where by the only thing holding it up is the acquisition cost vs speculative sells

Now we dont have real use case for bitcoin!
Specially btc exchanging fee to fiat currency is expensive