[everfree]

Of course if you want to buy something useful you have to pay someone who created it or someone who is reselling it.

It sounds like you're basically describing the software market, and more broadly, intellectual property in general. When you write software, it creates something using near-zero physical resources and physical effort, but it isn't a Ponzi scheme.

Your description could also apply to all fiat money, too. You're born with zero of it, and you have to buy it from someone who ultimately got it from someone who printed it out of thin air. That doesn't mean all money everywhere is a Ponzi scheme.

Expenditure of real resources isn't an indicator of a product's worth. If it was, Microsoft would be burning coal to power Microsoft Word.

[proxynoproxy]

It’s good that you have identified that PoS and the global fiat financial system are pretty much the same microcosmic scam.

[everfree]

Society is a scam. Everyone else already owns all the good stuff by the time you're born.

Wake me up when you can manufacture a Bitcoin mining ASIC by yourself starting with sticks and rocks.