Re: How do I convince people that Bitcoin isn't a financial pyramid?
Are you still trying to convince someone of your vain philosophies that you started spreading in 2018 on the forum? I can only say that you did not succeed then, and the same will happen now - I would certainly put you in the group of those who missed the opportunity to invest cheaply in BTC, and now you are very sorry that some others managed to do just that. To conclude, you write the same nonsense as three years ago - in fact only in a slightly modified form.
Yes, You are correct, it is not a ponzi scheme. It´s different monetary scheme, yet not defined.
Things for You to consider:
1) Why is number of possible bitcoins limited with 21 millions?
2) Why are people rewarded with bitcoins in return of investing computing power? And even more importantly: why all people, who invest, dont get coins then?
3) Who wins the most if bitcoin is bubbled?
You can not tell, that bitcoin is ponzi or pyramid, although it has some elements from both. I would say, bitcoin is a fantasy, that has grown way too big and people now want to make use of it. Coin owners want bitcoin to grow again and believers think, there is a way to get rich by digging coins.
Things for You to consider:
1) Why is number of possible bitcoins limited with 21 millions?
2) Why are people rewarded with bitcoins in return of investing computing power? And even more importantly: why all people, who invest, dont get coins then?
3) Who wins the most if bitcoin is bubbled?
You can not tell, that bitcoin is ponzi or pyramid, although it has some elements from both. I would say, bitcoin is a fantasy, that has grown way too big and people now want to make use of it. Coin owners want bitcoin to grow again and believers think, there is a way to get rich by digging coins.
Yeah, I was indeed one of the early ones who understood how BTC really works. And yes, I won´t "succeed" as if you all somehow converted into skeptics
As a critical thinker, I try to write more relevant things and leave out the less relevant. At the moment I answered his arguments, can´t see why you copy me back my other statements... As if anyone could ever cover EVERY aspect in one post...Me personally... I have not bought a single coin, neither I am not sorry for anything. Just the part of my braid that does the math, works and cries out loud. Not because some of you scam a lot of money out of simpleminded, but because of these BS of arguments, that so many people buy. World is really a stupid place as an average.