Correct me if I’m wrong, but in order for a ponzi to exist, there has to be someone in charge of the ponzi.

#Bitcoin can’t be a ponzi, there’s no one in charge. nostr:note1thqelly4l0wcn8kljutztpy7vzkxdcj7kdw3l63hx2p8uhj4zetswhdxdu

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Yes however this is not a good argument.

Someone will claim Satoshi is in charge or that the US Government is behind Bitcoin and then you’re stuck in retarded rabbitholes explaining the minutiae of Ponzi schemes and how they rely on defrauding people from the ownership of property to perpetuate themselves.

Using Metcalfe’s Law simultaneously explains why you as a Bitcoiner would want other people to adopt it (ie you wouldn’t keep the best asymmetric bet to yourself) and explains why NGU is part of the technology (specifically network effects).

It’s more about using positive framing (you ALWAYS want to frame every argument on your terms rather than fight someone else’s framing) to limit the attack surface of your opponents and open up other avenues for attack.

This is advanced game theory stuff. The kind of thing which people who use game theory in their career understand but might seem a bit weird to others.

Thanks for the beauty explanation👌🏻

Makes perfect sense.