[chx]

All you posted are smoke and mirrors.

What it actually is a negative sum game and all such are inherently scams.

The only disagreement is about whether the differences to a Ponzi is insignificant or are significant and we have a new kind of scam, a "Nakamoto scheme".

It is in the interest of those who bought in to praise the game because the only way they can profit is by praising it and passing their loss to a greater fool.

And no, gold and stocks are not such. Gold has buyers who create value added products (electronics, jewelry and so forth) and stocks can create dividends. None of that happens for any crypto with transaction fees.