Subnostr

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He needs to pump those bags. That's how ponzis work, and his plan is nothing but one. I mean, more power to him...

mike 1y ago

Yeh, they were my thoughts. He's treating Bitcoin like a Ponzi, which is what most normies think it is.

What if people like Saylor and Trump turn Bitcoin into the Ponzi that most people believed it always was?

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Discussion

hh 1y ago

Well, I guess you can turn anything into a ponzi. I don't even fault people who run ponzis. It's always the fault of greedy, uneducated buyers who fool themselves into investing.

mike 1y ago

I wonder if our enemies walk among us?

hh 1y ago

What I rather meant was that they can run their schemes with BTC, but BTC doesn't care. Sure, they can cause short term reputational damage, but BTC's fundamentals will prevail (assuming even moderately free market conditions).

Chad Lupkes 1y ago

They are not turning BTC into a ponzi, they are showing us that the US Dollar always was a ponzi.

mike 1y ago

Denial is the first stage of acceptance 😂

hh 1y ago

A little nuance from me: I didn't say he is "turning BTC" into a ponzi, but that he is running a ponzi using BTC.

Chad Lupkes 1y ago

oh I know. no worries.