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Re:Bitcoin is a Ponzi by sslayer on Thursday October 07, 2021 @12:06AM (#28781722)
Nobody "invest" in USD. You invest in assets which you expect to appreciate. People investing in Bitcoin do so expecting to control a portion of a finite supply, which defeats its purpose of liquidity.
Re:Bitcoin is a Ponzi by sanxiyn on Thursday October 07, 2021 @12:27AM (#28781907)
People absolutely invest in USD, in expectation of appreciation. South Korean banks sell saving accounts denominated in USD as an investment product. Money flows into it when USD appreciates and flows out when it depreciates.
Re:Bitcoin is a Ponzi by LudwigNagasena on Thursday October 07, 2021 @12:31AM (#28781944)
Lots of people invest in USD, especially in countries where local currencies are less stable.
Re:Bitcoin is a Ponzi by baby on Thursday October 07, 2021 @12:27AM (#28781906)
Tell that to my coworkers who converted all their euros to usd.