This is terrible advice sir
45 karma · joined April 2, 2022
This is terrible advice sir
Maybe that's hard to understand for some of the scum in this site.
His interview with Joscha Bach is amazing.
Just like there is almost infinite gold in the earth
A pyramid scheme means that you use money from new investors to pay previous investors.
Thats not at all what happens with Bitcoin.
Bitcoin just trades like a commodity...
You can call it a bubble sure.
But its simply not a pyramid scheme
Tax collection is backed by force.
Try not paying your taxes and see what happens
When stock market speculators entered like sheep into Bitcoin it was obvious that the correlation with the stock market would increase.
Its okay if we control all the supply because we have it in the premine to our friends and they have the best interest in keeping Ethereum safe.
If the currency was not inflationary, people saving would mean that everyone else's money becomes more valuable. You save first, then you invest. Not the other way around. Unless you want dumb money pilling in everything and creating mega bubbles that will burst and destroy everyone's value.
Do you see the problem or not?
So you can't open your work laptop while on vacation?
You cannot always take the law literally....
Oh wait
People have been crying for more than 10 years that Bitcoin is bad because "volatility".
You can't help people not wanting to spend a few hours learning the basics