Crypto is scam in general because it creates a system that issues the certificates to lure people to invest, and then people are able to return the investments only if new investors buy the certificates. Hence, a modern day investment scam.
Nah, crypto is about decentralization and individual empowerment. Nothing can be used to mislead people, and none of these fraudulent practices can work here.
In fact, I can only say that crypto is the most promising form of money creation system we have in this era and crypto and blockchain are here to stay.
Yes, that's the story you must preach because you're not able to return your investment from the system whose certificates you hold. You need new investors and you must trick them to buy your worthless certificates by talking about decentralization, empowerment, how your certificates will save the humanity, make poor people rich, how they are equivalent to Jesus, and so on. I understand what you're doing. It's just that people don't buy this nonsense anymore.
If you're so anti-crypto I don't see why you're on this forum. Bitcoin is as popular as its ever been. Post COVID, people recognize that decentralization is the way financial systems should be run. It took all of 3 months for governments all around the world to permanently destroy their currencies through artificial economic stimulation via money printing. EU and the U.S are seeing high inflation numbers and low economic growth. You think these are signs that people are somehow awakening to Bitcoin's antics and NOT traditional currencies?
I am on this form to save people from scam. Governments destroyed nothing. Borrowing business of the banks and the borrowers is still going on and those who hold shares in this business (fiat currency) are still receiving goods, services, labor or collaterals from the borrowers. It is just that they receive less due to inflation. But, all businesses have ups and downs. Why do you mention the borrowing business in the forum about shares in the nonexistenent business?
Did you ever open a history book?
Have you ever opened your eyes?
You never did for sure.
You claim satoshi created a ponzi, but don’t realize that the first bitcoin, that were ever part of a transaction, weren’t sold for money and didn’t even have a price. Check it for yourself in Block 170. Then check the mail written to Hal Finney at that time. The first time Bitcoin were ever sold for money, was done by Martti Malmi in Block 24835. And since then it’s on constant price discovery.
You’re talking like an confused old granpa about business backing the dollar, but don’t even understand simple economics or the own points you’re making.
We were nice enough to go down ur level of intellect, but you’re talking complete gibberish and the dollar isn’t a damn share of a business, it’s a currency. Your own points are completely wrong, but it doesn’t surprise me, since the fiat standard would collapse, if it would educate people. And you’re the result of that. You’re shilling a system that is preying on uneducated people like yourself.
You don’t understand that Bitcoin is a complete monetary system, that serves different functions depending on the degree of adoption and time horizon you’re looking at. You just sound like an amateur that makes baseless claims without checking anything, but still think you’re smarter than everyone around you, while actually being the opposite. You’re the perfect representation of what fiat stands for, a fake piece of **** that refuses to listen or understanding anything, but shouting ur bs to everyone in the world and the people that are gullible enough to fall for it get messed up and don’t achieve anything they could’ve in their lives.