Re:Bitcoin is a Ponzi Scheme – Ajit Vadakayil
by whoisninja on Wednesday June 13, 2018 @06:02PM
(#17307371)
lame, pointless, ignorant
there's nothing more transparent that bitcoin. if you don't believe simply don't run a full node and enjoy your fiat money and the cycles of boom and busts(the real ponzi).
The Keynesian economics is a money printing from thin air and never ending debt. good luck with hoarding fiat money.
the argument that gold is not volatile is childish, writer doesn't understand basic concepts (senseless copy pasting from wikipedia etc), when only a few hands were trading gold in its infancy, it must have be super volatile. simple math and economics that the writer can't comprehend
Re:Bitcoin is a Ponzi Scheme – Ajit Vadakayil
by ibmocy on Wednesday June 13, 2018 @06:30PM
(#17307550)
Both Ethereum and Bitcoin mining is very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling FAR FAR more than 51 % of the hash rate. Was that transparent to you ?
there's nothing more transparent that bitcoin. if you don't believe simply don't run a full node and enjoy your fiat money and the cycles of boom and busts(the real ponzi). The Keynesian economics is a money printing from thin air and never ending debt. good luck with hoarding fiat money.
the argument that gold is not volatile is childish, writer doesn't understand basic concepts (senseless copy pasting from wikipedia etc), when only a few hands were trading gold in its infancy, it must have be super volatile. simple math and economics that the writer can't comprehend