Quote from: Snowshow on Today at 09:47:37 AM

Quote from: hZti on Today at 09:19:20 AM

Quote from: Snowshow on Today at 08:50:29 AM

Quote from: hZti on Today at 08:42:21 AM

You can benefit from the security and the anonymity of the system. One crypto owner can buy a good from another crypto owner and therefor both benefit from the bitcoin system. There is no need for a new buyer to enter the bitcoin ecosystem.

But "buying" is still investing or bringing economic resources into the system. I am asking HOW holders can benefit within the system? From their holdings. When someone voluntarily entes the system and bring in the economic resources so that the current holders can benefit, that's not benefiting within the system.

It is simply the definition of a currency. A universal storage of wealth that can be used to be exchanged for goods and services. Tell me how bitcoin is different than other currencies? How can you benefit from the USD without exchange it for goods and services?

USD is debt. From debt you benefit when debt is paid. I explained this a dozen times on this forum.

So, you're admitting the obvious - the holders are unable to benefit from their holdings, but only from new buyers/investors. Their holdings are then not money/currency/asset, but shares in an investment scam. And that's exactly the point of this topic.

I think what you are describing in your opening post has one flaw: You describe an asset that is sold to people for their fiat money with no real value behind it in return. This for Bitcoin ist not true, since bitcoins were not sold to people by Satoshi Nakamoto. He only created the network and let people do work (mine) to get the bitcoin. If satoshi would have just sold all coins to people and then left it would be a scam, I can agree with you. This is done by many premined coins but as I said was not done with bitcoin. So in order to get bitcoins you also have to perform work, which makes it in return also debt based. TADA: it is not that different form other currencies, except it is digital.