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re: Warren Buffett absolutely demolishes Bitcoin.

Posted on 3/6/24 at 6:07 pm to
Posted by medium rare
Member since Feb 2024
262 posts
Posted on 3/6/24 at 6:07 pm to
You don't know shite
Posted by medium rare
Member since Feb 2024
262 posts
Posted on 3/6/24 at 6:09 pm to
So give the definition of a ponzi scheme then
Posted by BK Lounge
Member since Nov 2021
3606 posts
Posted on 3/6/24 at 6:17 pm to
quote:

What an odd forum to choose to announce to the world that you have no idea what a boomer is. Warren buffet is not one.




What an odd way to announce your ignorance to the entire board.. i was referring to the OP, not to Buffett, who i believe is a member of the greatest generation[tm] .
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 3/6/24 at 6:19 pm to
I know that everything in your post was wrong. It's OK
Posted by medium rare
Member since Feb 2024
262 posts
Posted on 3/6/24 at 6:26 pm to
Ponzi scheme
Posted by The Baker
This is fine.
Member since Dec 2011
16185 posts
Posted on 3/6/24 at 6:27 pm to
quote:

So give the definition of a ponzi scheme then


Rob Peter to pay Paul. Bitcoin does not require constant inflow of cash to maintain value. In a ponzi scheme, someone is always in debt.

Because the price of something increases when the demand curve shifts, does not constitute it as a ponzi scheme.
This post was edited on 3/6/24 at 6:29 pm
Posted by The Baker
This is fine.
Member since Dec 2011
16185 posts
Posted on 3/6/24 at 6:29 pm to
quote:

Ponzi scheme


Pride is not a virtue my friend.
Posted by Hangit
The Green Swamp
Member since Aug 2014
39285 posts
Posted on 3/6/24 at 6:30 pm to
quote:

i was referring to the OP, not to Buffett,


Posted by hubertcumberdale
Member since Nov 2009
6547 posts
Posted on 3/7/24 at 5:24 am to
quote:

Those are the threads you're not supposed to post in imo



yeah the OT is a bastion of intellect and knowledge
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