this post was submitted on 08 Apr 2024
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Bωockchain

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crypto skeptical community

bwockchain is not a technology of the future, buttcoin is a scam.

All lemmy.ml instance rules work here.

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[–] [email protected] 23 points 7 months ago (2 children)

Yep. While I'm also no fan of cryptocurrencies, calling them Ponzis is just silly. People love repeating these slogans without actually understanding what they mean

[–] ICastFist 9 points 7 months ago (1 children)

Less ponzi and more hot potato. Right now, the potato is piping hot, so a lot of people are pumping up because HOLY SHIT 71k DOLLARS!!! YOU SHOUD BUY NAO BECAUSE IT'S ONLY GOIN UUUUUUPPPPPP

A crash is inevitable, a bunch of whales are just biding their time and nobody knows the next floor price

[–] [email protected] 6 points 7 months ago

You've just described the stock market and capitalism in general. Ironically a digital curency is one of the few places where unlimited growth is actually possible. Not that BTC is a good idea of course.

[–] [email protected] -2 points 7 months ago (1 children)

bro this is the enshittification of Ponzi schemes fr fr also your eclipse glasses are fakes for sure AI made them

[–] [email protected] -2 points 7 months ago

Hah looks like people might have taken your joke seriously