Quote from: arcmetal on Today at 02:25:51 AM

Quote from: Snowshow on May 18, 2022, 05:50:42 PM

Quote from: PrivacyG on May 18, 2022, 05:35:00 PM

Quote from: Snowshow on May 18, 2022, 03:47:39 PM

You benefit from the economic resources that new investors are bringing into the scheme.

Quote from: Snowshow on May 18, 2022, 03:47:39 PM

Products and raw materials. From them people benefit through consumption or building them into final products. And again, no new buyers, that is, investors, are required. That is what economic resources are. They are things that provide benefit to people without the need of new investors.

At this point I think you are trolling.

Let us say I bought an entire Bitcoin, in a Peer to Peer manner. I gave them cash, they gave me Bitcoin. Why have I been fooled?

Let us say I sold an entire Bitcoin, in a Peer to Peer manner. They gave me cash, I gave them Bitcoin. Why have they been fooled?

Now onto the second quote. You are telling me purchasing a piece of metal from a hardware store is a scam because they swapped Dollars for that piece of metal and now they can only benefit from it by finding a new investor. What the heck?

You can purchase a TON of goods DIRECTLY using Bitcoin. The company accepts Bitcoin, you get the goods. Corporations did this a while ago, some of them still do it. Steam did it. Microsoft did it. eBay is looking forward to doing it. These are all just names out of my short memory, there are many more. Look at El Salvador and tell me how this is a scam?

If I purchase a t-shirt off eBay using Bitcoin DIRECTLY, where is this 'investor that needs to exist for me to benefit off my Bitcoin'? Answer is nowhere because, as I keep repeating, this is all just a fantasy of yours and nothing more.

In this situation, most antrepreneurs are scammers. The local grocery store is scamming you because they can only benefit off their food by finding victims who voluntarily purchase from their store.

Admit it. Your conspiracy theory is very flawed.

-
Regards,
PrivacyG

You ignored the entire point. So, I am going to make it easy for you by asking you one simple question: can anyone in the bitcoin scheme benefit from the scheme without new investors entering the scheme?

Here is a take on "new investors" entering a "scheme", as you put it.

Let's imagine we live on an island in the south pacific, that has not been discovered, maybe off the coast of the Pitcairn Islands. But now we have discovered the rest of the world, and so we wish to join their economy to get stuff we have never seen before. So apparently the rest of the world tells us on the island that we need "dollars".

We wish to get a satellite phone, and a satellite connected computer, but first we need to get these newly discovered "dollars". We don't currently have "dollars", but we have lots of coconuts.

We trade some of our coconuts for these "dollars". ... Now we can buy that new satellite phone. ... After trading our coconuts for "dollars", and trading our "dollars" for a new phone, guess what has happened? ... We have just entered this new "scheme" of "dollars" as a new "investor".

(now just replace every word "dollar" in the comment above with the word "bitcoins", and you'll understand PrivacyG's comment)

Dollar is the name of debt. Debt is an economic resource. You can replace names all you like but you can't create economic resources in that way.