News for hackers. Stuff that matters.

A comment on What are the best arguments AGAINST Bitcoin?. Parent comment

Re:What are the best arguments AGAINST Bitcoin? by tuesdayrain on Wednesday November 25, 2020 @10:15PM (#25216512)
Bitcoin is a ponzi scheme, and as far as I know it's the best one ever created. That's why I'll drop my paychecks into it for as long as I live (or work).
[ Parent | on HN ]
Re:What are the best arguments AGAINST Bitcoin? by jqpabc123 on Thursday November 26, 2020 @03:59AM (#25218209)
Ponzi schemes are built on misplaced and misguided trust and designed to benefit early investors at the expense of those who follow.

Your simple minded strategy virtually guarantees that you will be a follower.

[ Parent | on HN ]
Re:What are the best arguments AGAINST Bitcoin? by tuesdayrain on Friday November 27, 2020 @09:37PM (#25234703)
It also virtually guarantees me a lot of money. I see no reason for Bitcoin to stop growing. Cryptocurrency is a brilliant concept that has no equal.
[ Parent | on HN ]
Re:What are the best arguments AGAINST Bitcoin? by jqpabc123 on Saturday November 28, 2020 @12:54AM (#25235609)
"I see no reason for [Ponzi scheme] to stop growing" --- said everyone who has ever invested in a Ponzi scheme.
[ Parent | on HN ]