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Re:Bill Gates Says that Bitcoin is bad For the Planet by unkulunkulu on Tuesday March 09, 2021 @03:23PM (#26403661)
A lot of people are comparing crypto to some kind of ponzi pyramid thing, ie a scam where some people will get rich but a lot will suffer. But isn’t that true about everything, ie smarter/more lucky ones will find ways to increase their wealth and those making suboptimal decisions will get broke? It looks like only when it gets obvious how the scheme works it becomes a scam.
Re:Bill Gates Says that Bitcoin is bad For the Planet by jasonlaramburu on Thursday March 11, 2021 @11:15AM (#26425611)
The challenge with crypto is it is so easily manipulated/wash traded by those with large holdings. So those who are later to the game (with smaller holdings) are at a systemic disadvantage.