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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.
Posted on 4/18/13 at 10:31 am to gizmoflak
Posted on 4/18/13 at 10:31 am to gizmoflak
quote:
you just described every IPO
Wrong.
If you willfully ignore the cash/profit generating prospects of the company going public, which is what investors are buying into, then all you're really trying to do is play silly gotcha' games with zero substance or thought.
Posted on 4/18/13 at 10:40 am to LSURussian
12 pages and we have yet to hear credible arguments as to why bitcoin is a ponzi scheme
I've come to realize that the anti-bitcoin crowd just wants to paint the Ponzi scarlett letter all over it for whatever petty reason.
FTR, I'm not sitting on either side of the fence, and I don't have a skin in the bitcoin game, but all the incessant & disingenuous denigration of bitcoin is really annoying. It prevents any rational discussion of what, to me, is an intriguing technology.
I've come to realize that the anti-bitcoin crowd just wants to paint the Ponzi scarlett letter all over it for whatever petty reason.
FTR, I'm not sitting on either side of the fence, and I don't have a skin in the bitcoin game, but all the incessant & disingenuous denigration of bitcoin is really annoying. It prevents any rational discussion of what, to me, is an intriguing technology.
This post was edited on 4/18/13 at 10:40 am
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