You did not demonstrate at all that cryptos are not a Ponzi scheme, just rehashed the definition that was provided in the original link at all. Neither ponzis or no ponzis preclude an asset from going up or down in value. You seem to lack a basic understanding of supply and demand but rather repeat the empty claim that cryptos are not ponzis. The article intelligently lists the reasons why the author classifies cryptos as Ponzi.
You just completely negated and contradicted the Ponzi definition you provided just one post above, lol. How did you make it to become a Moderator?
Go read up on "liquidity". This game only works until there is a liquidity bottleneck which we have seen with multiple cryptos exchanges and operators. The game only continues until the music stops.
OMG, with a stock you buy ownership in a company and have voting rights. With cryptos you buy bragging rights and declare to everyone that you are a degenerate gambler. Your comparison with stocks or commodities completely failed at its root. I bet you did not study even an hour of basic economics.
I'm assuming you're referring to all the Bitcoins put together, of course. But only for a moment in time. Remember the old joke about the guy who fell out of a high-rise window. As he was dropping fast past the 6th floor, he thought, "So far, so good." As he passed the 5th floor on his way down to the concrete below, he thought, "So far, so good." And so on...
Can't argue with not knowing about it technically. I understand that blockchain is software. It was developed and refined. No one controls it. My concern is what is to stop someone from coming up with a better software that puts bitcoin out of business. Something faster, more secure, less centralized and easier to use, that meets and exceeds the todays technology. Now the answer I usually get is if you think that is possible just go ahead and do that. It ain't going to be me. But technology is changing so fast it wouldn't surprise me to see it happen. When I stop seeing promotions that warn me if I don't get it now it will be too late. the type of stuff I expect from a penny pump and dump. It seems that fiat is a problem because of centralization, yet it seems like you need to have fiat to value bitcoin. I wonder if anyone has thought it through how the world will function without fiat. Imagine having to take a pay cut because the value of the currency is rising too fast.
A single BTC will be worth over $1M before 1/1/2030, but do not stress yourself with it too much Here are some old threads and maybe you'll see some of your friends expressing the same doubts on how high the price of a single BTC will be worth in the future which is currently our present time https://www.elitetrader.com/et/threads/bitcoin-thread-anyone.221836/page-19 https://www.elitetrader.com/et/thre...itcoin-believers-still-comfy-about-it.288985/
No, but it's usually imbeciles with inferiority and hero-worshipping complexes who write long, rambling paragraphs to justify their fantasy worlds. Go back to academia or whatever rent-seeking racket you extract an income from. You're a doomed trader from the start.