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by waytogo
3095 days ago
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> I said Bitcoin's usefulness is diminishing by becoming less useful due to the high transaction time and price. If I want to store my assets I don't care about high transaction prices. > It's more a greater fools game at this point and I only mentioned ponzi scheme as it was what I was responding to. But you still used it in the wrong context. Bitcoin can't be a Ponzi scheme because the founder and the early adopters clearly didn't have this intent. |
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For now Bitcoin is valued higher and has better liquidity than other coins but with use cases quickly moving away from Bitcoin this is changing. The only thing Bitcoin has going for it by that point is FOMO and selling to greater fools.