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A comment on Bitcoin is a Ponzi. Parent comment

Re:Bitcoin is a Ponzi by feanaro on Friday October 08, 2021 @06:02AM (#28797470)
Most of the value of gold is not due to those properties. Yet even for those properties, if you look close enough, it is shared hallucinations all the way down.

I think you'll also have a hard time explaining how "good conductivity" is fundamentally different from e.g. "resistance to tampering of historical records".

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Re:Bitcoin is a Ponzi by randomswede on Sunday October 17, 2021 @05:56AM (#28895234)
Bitcoin is only resistant to tampering of historical records if you have a continuous expenditure of compute to maintain that tamper-proofness.

In the absence of substantial compute resources dedicated to maintaining the longest fork, there is in principle nothing stopping anyone from changing a historic blok and rolling forwards from that.

The good conductivity is a base physical property, not really requiring any external investment of anything to be maintained.

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