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by scalesolved 2705 days ago
Do you consider Bitcoin to be a perpetual ponzi scheme?
2 comments

I am not sure if it isn't.

Among other things, transactions are not cheap, as they were supposed to be. The chain supporters are trying to pivot the whole thing as "Store of Value" which it isn't supposed to be. It does not scale. There are better blockchains offering everything bitcoin does and more (Ethereum for one).

They all are, Bitcoin is just a little bigger so the players are typically companies and institutions instead of individuals.