Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a Myth and not Real
by
Snowshow
on 23/05/2022, 05:47:42 UTC
I don't really know how it works beyond what I have already said... so yeah, you might be correct.  We might all be fucked at some point, but I still think that it is one of the greatest asymmetric bets that normies (regular people) have been able to have in front of them including that it seems to be facilitating the greatest wealth transfer in history.. so hopefully your .001% (or whatever the appropriate probability assignment?) scenario is not correct.
I didn't ask you to write peoms and I didn't ask you about prophecies. I am not interested in your opinions on the future, and whatever you all will be fucked. I asked you, in the context of those two examples , how bitcoin has value, or how bitcoin benefits people, if once people invest their value in the bitcoin system they are unable to return even a percentage of value, without new investors?

If this simple question is to hard for you to comprehend, I can ask you even a simpler one.

Let's say I created a system. Then I say to people: "invest your value in my system". And people do that. However, once people invested their value in my system I said to them: you are unable to return even a dime worth of value from my system, and if you want to return your investment, you have to wait for new investors to bring value into my system. Would you call me a scammer, and would you say that my system is worthless?