this post was submitted on 08 Apr 2024
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Bωockchain
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bwockchain is not a technology of the future, buttcoin is a scam.
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Yep. While I'm also no fan of cryptocurrencies, calling them Ponzis is just silly. People love repeating these slogans without actually understanding what they mean
Less ponzi and more hot potato. Right now, the potato is piping hot, so a lot of people are pumping up because HOLY SHIT 71k DOLLARS!!! YOU SHOUD BUY NAO BECAUSE IT'S ONLY GOIN UUUUUUPPPPPP
A crash is inevitable, a bunch of whales are just biding their time and nobody knows the next floor price
You've just described the stock market and capitalism in general. Ironically a digital curency is one of the few places where unlimited growth is actually possible. Not that BTC is a good idea of course.