Seems to me its all about what value is at the bottom of the asset. With BTC you could say its perhaps energy or the security of the network and therefore the time chain. So many people I know have failed to recognise this unique feature. They do research and come back with basic FUD.
The most impressive marketing coup of the last decade was how shitcoiners eliminated the stigma around ponzis by rebranding them as "staking" and in doing so launched a new golden age of ponzi schemes while media & regulators are still trying to figure out what's going on.
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