The Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 2 days agoHow to fix the economylemmy.worldexternal-linkmessage-square158fedilinkarrow-up1467arrow-down117
arrow-up1450arrow-down1external-linkHow to fix the economylemmy.worldThe Picard Maneuver@lemmy.world to Curated Tumblr@sh.itjust.worksEnglish · 2 days agomessage-square158fedilink
minus-squarekonki@lemmy.onelinkfedilinkEnglisharrow-up1·edit-21 day 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-up2·1 day 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?