The Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 6 months agoHow to fix the economylemmy.worldimagemessage-square155linkfedilinkarrow-up1479arrow-down117
arrow-up1462arrow-down1imageHow to fix the economylemmy.worldThe Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 6 months agomessage-square155linkfedilink
minus-squarekonki@lemmy.onelinkfedilinkEnglisharrow-up1arrow-down1·edit-26 months agoThat is true, but Bitcoin, like all other crypto"currencies", is a Ponzi scheme. Its value is driven purely by speculation, and the hope that it can be passed on to a “greater fool” for profit. This is true for a lot of financial assets, by the way.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2·6 months agoYou don’t think secure time stamps are useful?
That is true, but Bitcoin, like all other crypto"currencies", is a Ponzi scheme. Its value is driven purely by speculation, and the hope that it can be passed on to a “greater fool” for profit. This is true for a lot of financial assets, by the way.
You don’t think secure time stamps are useful?