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Orlando_Jordan 02/09/21 1:40:29 AM #1: |
Is he right?
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MutantJohn 02/09/21 1:42:21 AM #2: |
Most likely, yes.
--- "Oh, my mother; oh, my friends, ask the angels, will I ever see heaven again?" - Laura Marling ... Copied to Clipboard!
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TheoryzC 02/09/21 1:46:54 AM #3: |
Shoulda OK boomer'd him
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ssjevot 02/09/21 1:49:02 AM #4: |
That's not quite the right description, but it is a zero sum game, as is all currency trading. No one can win without someone else losing.
--- Favorite Games: BlazBlue: Central Fiction, Street Fighter III: Third Strike, Bayonetta, Bloodborne thats a username you habe - chuckyhacksss ... Copied to Clipboard!
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lifespeedrunner 02/09/21 1:49:49 AM #5: |
Gotta tell him he's ignorant, nothing part of Bitcoin defines a ponzi scheme
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Orlando_Jordan 02/09/21 1:53:11 AM #6: |
lifespeedrunner posted...
Gotta tell him he's ignorant, nothing part of Bitcoin defines a ponzi schemeInvestors make their money from new investors. --- "GameFAQs isn't going to be merged in with GameSpot or any other site. We're not going to strip out the soul of the site."-CJayC ... Copied to Clipboard!
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WalkingLobsters 02/09/21 1:54:08 AM #7: |
America is a Ponzi scheme
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ssjevot 02/09/21 2:02:46 AM #8: |
Orlando_Jordan posted...
Investors make their money from new investors. It's not an investment though. It's a currency. It functions like any currency trade as a zero sum game. Like let's say we are talking US Dollars and Japanese Yen for a second. No one would say I am investing in dollars or yen. But if you want to profit off it you need to buy dollars for yen when yen is high and sell them when it's the opposite. In doing this someone had to take a loss because you need buyers and sellers. Crypto works the same way. You trade USD for say Bitcoin. If you profit someone else lost. It's zero sum. --- Favorite Games: BlazBlue: Central Fiction, Street Fighter III: Third Strike, Bayonetta, Bloodborne thats a username you habe - chuckyhacksss ... Copied to Clipboard!
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berlyman101 02/09/21 2:06:29 AM #9: |
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TomNook20 02/09/21 2:06:47 AM #10: |
Plot twist: Your grandpa is satoshi and will sell all his Bitcoin and cause the price to collapse
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