The Picard Maneuver to Curated Tumblr@sh.itjust.worksEnglish • 5 months agoHow to fix the economylemmy.worldimagemessage-square162arrow-up1490
arrow-up1490imageHow to fix the economylemmy.worldThe Picard Maneuver to Curated Tumblr@sh.itjust.worksEnglish • 5 months agomessage-square162
minus-square@explodicle@sh.itjust.workslinkfedilinkEnglish2•5 months agoYou don’t need Bitcoin to pay taxes, yet belief in it continues to grow.
minus-square@konki@lemmy.onelinkfedilinkEnglish1•edit-25 months agoThat is true, but Bitcoin, like all other crypto"currencies", is a Ponzi scheme. Its value is driven purely by speculation, and the hope that it can be passed on to a “greater fool” for profit. This is true for a lot of financial assets, by the way.
minus-square@explodicle@sh.itjust.workslinkfedilinkEnglish2•5 months agoYou don’t think secure time stamps are useful?
You don’t need Bitcoin to pay taxes, yet belief in it continues to grow.
That is true, but Bitcoin, like all other crypto"currencies", is a Ponzi scheme. Its value is driven purely by speculation, and the hope that it can be passed on to a “greater fool” for profit. This is true for a lot of financial assets, by the way.
You don’t think secure time stamps are useful?