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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by fasteddie31003 on Monday February 08, 2021 @10:40AM (#26065949)
To some aspect every asset is part pyramid scheme.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by pelliphant on Monday February 08, 2021 @10:57AM (#26066201)
Ok, but if I rephrase it as:

I consider bitcoin to be more of a pyramid scheme then your average asset.

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by xerxespoy on Monday February 08, 2021 @11:37AM (#26066753)
After 12 years and billions invested in its pyramid, the numbers appear to suggest it's also a much sounder investment than your average asset:

https://www.casebitcoin.com/images/stories/charliebilello_re...

Another way to look at Bitcoins meteoric rise over the past ten years is as a catastrophic crash in value of the assets it (and currencies like it) may be in the process of replacing.

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