Crypto is scam in general because it creates a system that issues the certificates to lure people to invest, and then people are able to return the investments only if new investors buy the certificates. Hence, a modern day investment scam.
Nah, crypto is about decentralization and individual empowerment. Nothing can be used to mislead people, and none of these fraudulent practices can work here. In fact, I can only say that crypto is the most promising form of money creation system we have in this era and crypto and blockchain are here to stay. Yes, that's the story you must preach because you're not able to return your investment from the system whose certificates you hold. You need new investors and you must trick them to buy your worthless certificates by talking about decentralization, empowerment, how your certificates will save the humanity, make poor people rich, how they are equivalent to Jesus, and so on. I understand what you're doing. It's just that people don't buy this nonsense anymore. If you're so anti-crypto I don't see why you're on this forum. Bitcoin is as popular as its ever been. Post COVID, people recognize that decentralization is the way financial systems should be run. It took all of 3 months for governments all around the world to permanently destroy their currencies through artificial economic stimulation via money printing. EU and the U.S are seeing high inflation numbers and low economic growth. You think these are signs that people are somehow awakening to Bitcoin's antics and NOT traditional currencies? I am on this form to save people from scam. Governments destroyed nothing. Borrowing business of the banks and the borrowers is still going on and those who hold shares in this business (fiat currency) are still receiving goods, services, labor or collaterals from the borrowers. It is just that they receive less due to inflation. But, all businesses have ups and downs. Why do you mention the borrowing business in the forum about shares in the nonexistenent business? |
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Bitcoin is simply a digital share in a nonexistenent business. i want to believe you have reason why you come over to bitcointalk forum and i also want to believe that you clearly understand the reason for the creation of it, should in case you forget let me remind you, here is not a political propaganda forum or social media where all kinds of matters can be argued, abused or castigate, here is a community purposely created for bitcoiners all over the world to engaged on "bitcoin" discussion and other cryptocurrencies that could be of economic important and help towards the adoption or use of bitcoin all over the world, i want to believe your aim was to learn about what bitcoin is and not to come and argue out with unnecessary uncertainties. my advice, if you find your aim for coming to this forum not fulfilled then you can as well go to other platforms where you can have enough freedom of speech and make your arguments, for you to have created an account here on the forum means you want to participate in discussion related to bitcoin and cryptocurrencies and not to cause commotion, if i may ask you, have you ever make a step to research about what bitcoin is? consider the world richest men and see a number of them adopting bitcoin and consider your ways. The adoption or use of bitcoin all over the world? You mean, scamming people all over the world? Really, what is there to adopt? Transferring info on how many shares in the nonexistenent business someone has and recording this to a database? I mean seriously? What is there to adopt? Bitcoin is the most nonsensical thing ever invented. You buy shares in something that doesn't exist and then you wait for someone to enter this nonsense and buy those shares from you. The new member then also waits for a new buyer. There's no business represented with those shares, no goods, no services, no commodity, nothing. You're just sending each other numbers and paying for this. This scheme is dumb as dirt. Some anonymous guy created a scam in a digital form and you blindly believe everything they said. Crazy. |
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[edited out]
I change my OP all the time and I will continue to do so because I am simply demonstrating the same fact - that bitcoin is a scam. Through the discussion I see what rationalizations people use to deny that fact, so I change my OP towards simplicity that will eliminate the need for such rationalizations. Once people are left without rationalizations they will finally realize, you included, that bitcoin is a scam. So, stay tuned. I am going to change the OP (and the title) soon, again. Changing the OP just shows your disingenuineness rather helping the cause that you purportedly have. You may well could have said: "I change the OP on a regular basis because I want to demonstrate that I am a disingenuine dweeb who does not want to attempt to resolve any of my concerns (if I were to have any) related to bitcoin" There's nothing to "resolve". Bitcoin is simply a digital share in a nonexistenent business. It uses the method of recording shares in businesses - like borrowing business (fiat money) or business of producing goods and services ( stocks/shares), to create the illusion that there's something to invest in. It's a modern day scam. You cannot invest in the record of shares in the business. You invest in business. In the bitcoin system, you have the record of shares, but there's no business. All that the system does is recording how many shares in nonexistenent business a person has or has had. Hence, a complete nonsense. |
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[edited out]
I can do whatever I want with my topic. You go girl!!!! But regardless, it is really funny and crazy how you, a top advocate of the bitcoin scam, have the audacity to moralize someone for editing a post on a forum.
bitcoin does not edit its transactions and I do not edit my posts either.... (especially if they have existed for more than an hour or so) So I am having some difficulties understanding what point you are making exactly.  You understand very well what point I am making. It appears to me that you are deflecting. You are the one who ends up changing the OP after the fact that many members had already attempted to respond to each version of your OP.. then you switch to some new variant of a topic. When I point this out, you try to muddy the waters by ambiguously proclaiming that there is something wrong with me and/or my motives rather than the obvious issue in front of us - which is your actions of changing the topic at least twice which could also be referred to as a disingenuine moving of the goal posts.
#you fuck.I change my OP all the time and I will continue to do so because I am simply demonstrating the same fact - that bitcoin is a scam. Through the discussion I see what rationalizations people use to deny that fact, so I change my OP towards simplicity that will eliminate the need for such rationalizations. Once people are left without rationalizations they will finally realize, you included, that bitcoin is a scam. So, stay tuned. I am going to change the OP (and the title) soon, again. |
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[edited out]
I can do whatever I want with my topic. You go girl!!!! But regardless, it is really funny and crazy how you, a top advocate of the bitcoin scam, have the audacity to moralize someone for editing a post on a forum.
bitcoin does not edit its transactions and I do not edit my posts either.... (especially if they have existed for more than an hour or so) So I am having some difficulties understanding what point you are making exactly. You understand very well what point I am making. |
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I can do whatever I want with my topic. But regardless, it is really funny and crazy how you, a top advocate of the bitcoin scam, have the audacity to moralize someone for editing a post on a forum. |
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I've always wondered about this kind of thinking. From your point of view, money is also pieces of paper. Why do you then believe that they are worth anything?
Read the OP. I edited it just for you. |
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All systems use numbers to express the quantity of shares in a system that someone bought. But in the bitcoin system these shares are worthless because their holders are unable to return their investments from the system that issued them.
I am still not sure whether you truly don't understand or if you are just pretending. Bitcoin is not a system of "shares" like in traditional stock markets. Why do you keep comparing them? To put it simply, Bitcoin is merely a method of transferring value between two parties. P2P type of payment system. There is no issuer of shares or company in which you invested funds when you exchange fiat currency for cryptocurrency. You simply exchanged one currency for another while, at the same time, someone else did the same in the opposite direction. That is it! You don't get it, do you? Whatever you say about bitcoin it won't change the fact that people cannot get anything from the bitcoin system when holding the record of how many shares in this system they have. People invested in this system, got the records or evidences of their investments, and then they are able to return their investments only if new investors buy their records. The system returns them nothing, it is completely worthless. That what you call bitcoin is just the name for one share in that worthless system. Just like one share in the US dollar system is called a dollar. When people invested in the US dollar system and consequently hold dollars as evidence of their investments (shares in the system), it is this system that returns them their investments. Either through goods, services or labor of the borrowers or their collaterals if they default on their loans. The bitcoin system is a scam that lures people to invest, and then leaves them with nothing, which is why they are forced to wait for new investors like in all investment scams.. Your writing is just marketing for the bitcoin scam. People are not transferring value through the bitcoin system. That's a lie of the bitcoin marketing. They are transferring records of how many shares in the worthless bitcoin system they have. Stop spreading lies and disinformation. If you have the audacity to judge what is a „scam“ and what not(while having 0 knowledge of it), then go ahead and give us examples of things that aren’t scams compared to Bitcoin. Im waiting, but i already know you can’t. No need for examples. The fact is that when you invest in the bitcoin system and get the record of your investment that shows how many shares(BTCs) in this system you hold, the system will never return even a dime worth of your investment. Which is why you're forced to dump your worthless shares to new investors. These new ones must also dump them. And so on. When there's no one left to dump them on, the whole system collapses. And that's literally how all investment scams operate. The bitcoin system is just a scheme for dumping the worthless shares from one investors to another and recording how many shares a particular investor has or has had. Bitcoin is not a stock. It’s designed to be a medium of exchange. Just like a currency. When someone trades euros for dollars, is it „dumping of shares“ too? Ofc nah. It’s simply switching into a different medium of exchange. And just like you can’t pay with dollars in europe, you can’t pay with Bitcoin everywhere yet. So the logical step is, to trade Bitcoin against whatever currency is accepted wherever you are, and then do the trade(if you’re trading with parties that don’t accept Bitcoin yet). But the more Bitcoin will be accepted, the less this will be necessary and you can use Bitcoin as a medium of exchange directly. Then there will be no more „dumping of shares“ and (spoiler alert) the system didn’t collapse. Or in simple words: magic myth numbers will allow for direct worldwide trade without intermediaries. Dollar is a share in the US dollar system that has loan business behind it and returns the investments to dollar holders from that business. So, people are not dumping dollars, but exchanging shares in the loan business. You dump shares in investment scams because there's no business activity behind those scams from which the holders of these shares could return their investments. So, you can call bitcoin a currency or whatever, but bitcoin system is still a scam system and bitcoin is stil a completely worthless share in that scam system. The same „loan business“ that allows private institutions to create money out of nowhere and thus devalues your shares automatically over time, without most of the population realizing or understanding what is happening. So we have the choice between a system(fiat) that makes us poorer automatically. If you store your worth in fiat you will get poorer by default, so you already lost the game before playing it. The only choice this system gives you to prevent this, is to escape fiat into other assets(like stocks), but not everyone has the ability to do so. So if the only way to survive this system is to leave it, why should any sane person want this(except if they wanna be a masochist or are close to the money printer). Then the other choice is a system(Bitcoin) that tries to stop this madness and actually gives you the ability to stay in it, without getting rekt. But sure Bitcoin is the worthless scam. You know yourself that your logic is flawed and it doesn’t make sense to keep discussing it, if you refuse to accept basics. If one day you actually wanna understand why Bitcoin is like it is, we’re happy to help you and if not it’s fine too. Hahahaha... you are a funny guy. A system that gives you shares in nothing, which is why you're forced to dump them on someone else is better than systems that give you shares in something. Are you drunk or what? |
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All systems use numbers to express the quantity of shares in a system that someone bought. But in the bitcoin system these shares are worthless because their holders are unable to return their investments from the system that issued them.
I am still not sure whether you truly don't understand or if you are just pretending. Bitcoin is not a system of "shares" like in traditional stock markets. Why do you keep comparing them? To put it simply, Bitcoin is merely a method of transferring value between two parties. P2P type of payment system. There is no issuer of shares or company in which you invested funds when you exchange fiat currency for cryptocurrency. You simply exchanged one currency for another while, at the same time, someone else did the same in the opposite direction. That is it! You don't get it, do you? Whatever you say about bitcoin it won't change the fact that people cannot get anything from the bitcoin system when holding the record of how many shares in this system they have. People invested in this system, got the records or evidences of their investments, and then they are able to return their investments only if new investors buy their records. The system returns them nothing, it is completely worthless. That what you call bitcoin is just the name for one share in that worthless system. Just like one share in the US dollar system is called a dollar. When people invested in the US dollar system and consequently hold dollars as evidence of their investments (shares in the system), it is this system that returns them their investments. Either through goods, services or labor of the borrowers or their collaterals if they default on their loans. The bitcoin system is a scam that lures people to invest, and then leaves them with nothing, which is why they are forced to wait for new investors like in all investment scams.. Your writing is just marketing for the bitcoin scam. People are not transferring value through the bitcoin system. That's a lie of the bitcoin marketing. They are transferring records of how many shares in the worthless bitcoin system they have. Stop spreading lies and disinformation. If you have the audacity to judge what is a „scam“ and what not(while having 0 knowledge of it), then go ahead and give us examples of things that aren’t scams compared to Bitcoin. Im waiting, but i already know you can’t. No need for examples. The fact is that when you invest in the bitcoin system and get the record of your investment that shows how many shares(BTCs) in this system you hold, the system will never return even a dime worth of your investment. Which is why you're forced to dump your worthless shares to new investors. These new ones must also dump them. And so on. When there's no one left to dump them on, the whole system collapses. And that's literally how all investment scams operate. The bitcoin system is just a scheme for dumping the worthless shares from one investors to another and recording how many shares a particular investor has or has had. Bitcoin is not a stock. It’s designed to be a medium of exchange. Just like a currency. When someone trades euros for dollars, is it „dumping of shares“ too? Ofc nah. It’s simply switching into a different medium of exchange. And just like you can’t pay with dollars in europe, you can’t pay with Bitcoin everywhere yet. So the logical step is, to trade Bitcoin against whatever currency is accepted wherever you are, and then do the trade(if you’re trading with parties that don’t accept Bitcoin yet). But the more Bitcoin will be accepted, the less this will be necessary and you can use Bitcoin as a medium of exchange directly. Then there will be no more „dumping of shares“ and (spoiler alert) the system didn’t collapse. Or in simple words: magic myth numbers will allow for direct worldwide trade without intermediaries. Dollar is a share in the US dollar system that has loan business behind it and returns the investments to dollar holders from that business. So, people are not dumping dollars, but exchanging shares in the loan business. You dump shares in investment scams because there's no business activity behind those scams from which the holders of these shares could return their investments. So, you can call bitcoin a currency or whatever, but bitcoin system is still a scam system and bitcoin is stil a completely worthless share in that scam system. |
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All systems use numbers to express the quantity of shares in a system that someone bought. But in the bitcoin system these shares are worthless because their holders are unable to return their investments from the system that issued them.
I am still not sure whether you truly don't understand or if you are just pretending. Bitcoin is not a system of "shares" like in traditional stock markets. Why do you keep comparing them? To put it simply, Bitcoin is merely a method of transferring value between two parties. P2P type of payment system. There is no issuer of shares or company in which you invested funds when you exchange fiat currency for cryptocurrency. You simply exchanged one currency for another while, at the same time, someone else did the same in the opposite direction. That is it! You don't get it, do you? Whatever you say about bitcoin it won't change the fact that people cannot get anything from the bitcoin system when holding the record of how many shares in this system they have. People invested in this system, got the records or evidences of their investments, and then they are able to return their investments only if new investors buy their records. The system returns them nothing, it is completely worthless. That what you call bitcoin is just the name for one share in that worthless system. Just like one share in the US dollar system is called a dollar. When people invested in the US dollar system and consequently hold dollars as evidence of their investments (shares in the system), it is this system that returns them their investments. Either through goods, services or labor of the borrowers or their collaterals if they default on their loans. The bitcoin system is a scam that lures people to invest, and then leaves them with nothing, which is why they are forced to wait for new investors like in all investment scams.. Your writing is just marketing for the bitcoin scam. People are not transferring value through the bitcoin system. That's a lie of the bitcoin marketing. They are transferring records of how many shares in the worthless bitcoin system they have. Stop spreading lies and disinformation. If you have the audacity to judge what is a „scam“ and what not(while having 0 knowledge of it), then go ahead and give us examples of things that aren’t scams compared to Bitcoin. Im waiting, but i already know you can’t. No need for examples. The fact is that when you invest in the bitcoin system and get the record of your investment that shows how many shares(BTCs) in this system you hold, the system will never return even a dime worth of your investment. Which is why you're forced to dump your worthless shares to new investors. These new ones must also dump them. And so on. When there's no one left to dump them on, the whole system collapses. And that's literally how all investment scams operate. The bitcoin system is just a scheme for dumping the worthless shares from one investors to another and recording how many shares a particular investor has or has had. |
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All systems use numbers to express the quantity of shares in a system that someone bought. But in the bitcoin system these shares are worthless because their holders are unable to return their investments from the system that issued them.
I am still not sure whether you truly don't understand or if you are just pretending. Bitcoin is not a system of "shares" like in traditional stock markets. Why do you keep comparing them? To put it simply, Bitcoin is merely a method of transferring value between two parties. P2P type of payment system. There is no issuer of shares or company in which you invested funds when you exchange fiat currency for cryptocurrency. You simply exchanged one currency for another while, at the same time, someone else did the same in the opposite direction. That is it! You don't get it, do you? Whatever you say about bitcoin it won't change the fact that people cannot get anything from the bitcoin system when holding the record of how many shares in this system they have. People invested in this system, got the records or evidences of their investments, and then they are able to return their investments only if new investors buy their records. The system returns them nothing, it is completely worthless. That what you call bitcoin is just the name for one share in that worthless system. Just like one share in the US dollar system is called a dollar. When people invested in the US dollar system and consequently hold dollars as evidence of their investments (shares in the system), it is this system that returns them their investments. Either through goods, services or labor of the borrowers or their collaterals if they default on their loans. The bitcoin system is a scam that lures people to invest, and then leaves them with nothing, which is why they are forced to wait for new investors like in all investment scams.. Your writing is just marketing for the bitcoin scam. People are not transferring value through the bitcoin system. That's a lie of the bitcoin marketing. They are transferring records of how many shares in the worthless bitcoin system they have. Stop spreading lies and disinformation. |
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EDIT: I started this topic by claiming that Bitcoin is a message similar to SMS, email, etc. But, through the discussion here I realized that this is misleading. Because, Bitcoin is actually not real. It doesn't exist. It doesn't exist like Greek gods don't exist. The reason is simple: whoever enters the Satoshi's system recieves no coins, no bit-coins. No assets, no money. Nothing tangible nor intangible. Nothing physical nor digital. Instead, people are just paying for numbers to be changed next to their addresses. In economics, a transaction is an instance of buying or selling something. A payment is an instance of transferring a thing that was bought or sold. In the Satoshi's system nothing is bought or sold. Nothing is transferred. Only numbers are changed next to the addresses. So, Bitcoin doesn't exist and the Satoshi's system is not actually a payment system, but a system for changing, storing and protecting numbers. Satoshi Nacamoto, is probably someone who lacks education or knowledge in finance and economics. For that reason, he wrote a paper in which he falsely assumed that changing numbers is equivalent of performing transactions or payments. Then, people took his paper at face value. They took it without actually questioning or doubting what was written. This lead to the creation of a religious like belief that revolutionary coin came to Earth to free us from corporations and governments. Given that we live in the age of internet, the believe was quickly spread throughout the world. As a consequence, people across the globe now believe that they are buying something very precious and scarce. And that the blockchain is an important place where that precious and scarce thing is kept. While in reality, only numbers attached to the addresses exist. There's no scarcity, but arbitrarily predefined maximum sum of numbers next to the addresses. And the blockchain is nothing important but just a giant database where numeric changes are stored. So a revolutionary digital coin called Bitcoin is not something that is real. It's simply, a myth. Here's a more detailed explanation: https://youtu.be/jcraRM6vblQCringe. Hate to break it to you, but the banking system just uses imaginary numbers too. If a bank run starts tomorrow the whole system will collapse, because of fractional reserves. So is the banking system just a myth now, because the numbers they display dont reflect real world reserves? Nah. We as a society choose how we design our monetary system and Bitcoin tries to achieve this in a decentralized way, because the centralized approach gets abused and abused again. So people buy into Bitcoin to get out of the old system, they dont want a small group of people to control the monetary system. Its really that simple. All the design aspects of Bitcoin are to minimize human influence over it, because like ur post shows, many humans arent the brightest, so its better if no one of us can control it. Bitcoin is a real protocol that exists in the real world. We as people will determine its value, if you think its worthless then dont get it. But millions of people around the world already came to the consensus, that this form of money is more valuable to them, than some bankers toy. And more and more people will come to this conclusion when they see what the previous system will do to them in due time, then even you will realize what value it has, to have decentralized system ready, that is open to everyone. And the myth will probably save your ass. So keep spreading bs, and in the meantime we are here to build a system, that will even save a clowns ass. All systems use numbers to express the quantity of shares in a system that someone bought. But in the bitcoin system these shares are worthless because their holders are unable to return their investments from the system that issued them. |
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Yes, that's the story you must preach because you're not able to return your investment from the system whose certificates you hold. You need new investors and you must trick them to buy your worthless certificates by talking about decentralization, empowerment, how your certificates will save the humanity, make poor people rich, how they are equivalent to Jesus, and so on. I understand what you're doing. It's just that people don't buy this nonsense anymore.
If people don't buy the nonsense anymore then why are you here trying so hard to prove a point? I believe people have the right and freedom to do as they please. You are too emotionally involved in this your campaign against btc and trying to make it look bad even though btc is not your enemy. There is nothing you can do or say to change the revolution, you can either be a part of history or stand aside and watch as it unfolds, year after year.  Yeah, that's what I'm talking about. Revolution. That's the story. When you invest in a system and that system is void of anything, which makes it impossible for you to return your investment back, you are left with language, rhetoric, stories, narrative. You need to fantasize about revolution and present the system to the public in that way. You have to dump the worthless certificates of that system. You just proved my point nicely. |
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You do preach. And you do have to preach. Simply because you have to return your investment. You claim I preach Bitcoin here? On a bitcoin-related forum? Is that what you say? That sounds kind of absurd, don't you think? When you say anything positive about bitcoin you're preaching.
~ Does this apply to me only, or to anyone who disagrees with your position? I thought we had a healthy debate, but you seem to be overly emotional now. I am gonna let you cool off for a while so we can continue the discussion when you are feeling less emotional. I have no position. I'm simply saying that you're promoting a worthless certificates as something valuable because you need to dump them at the price higher than you paid for them. All bitcoin holders do that. I am also showing you're promoting lies. Can you now answer the questions above? |
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Sure you have to preach. You hold certificates of the system that won't return even a dime worth of your investment. Meaning you were tricked into buying the certificates which are completely worthless. And now you are forced to trick others to buy these worthless certificates by speaking and preaching positive about them. I understand. This preaching is what tricked people into buying the certificates in the first place. Now there's a whole army of tricked victims (holders) and they all need new investors to return their investments. So, of course that the only thing this army will do all day long is talking positive about their holdings.
You made a bunch of bullshit up. Every part of it is incorrect. 1. Like I said before, I don't have to preach. No one has to. There is no reward system or other form of incentive for those who preach versus those who don't. Every bitcoin holder has the same rights and opportunities as everyone else in the system. Therefore, your claim is totally incorrect. 2. I do not hold any "certificates". I have no idea where you got that definition from, or if it is just a product of your imagination, but that is not what defines bitcoin cryptocurrency. 3. What exactly am I tricked about? Can you be a little more specific? By the way, bitcoin cryptocurrency is not worthless. Whoever told you that is trying to fool you. Do not trust them! 4. No, I am not forced to do anything. That is what makes it so great. 5. The rest of your post is just wrong conclusions you drew based on the wrong assumptions you made. And a couple of questions in addition to what I already wrote. Let's say that you hold certificates (shares) of Tesla company. Then, Tesla goes bankrupt. Capital is completely gone. It's gone so much that the company is not even able to produce a single car. And consequently, you're not able to return even a dime worth of your investment from the company whose shares you hold. Not today, not in the future. Question: wouldn't it be ok to publicly talk that Tesla shares are very valuable? That they are something that will save the economy and make poor people rich? That adding these shares to your retirement savings is a good strategy? ... And would I be right, when saying that all that positive talk about Tesla shares, has only one purpose: your want to get rid of worthless shares? |
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Sure you have to preach. You hold certificates of the system that won't return even a dime worth of your investment. Meaning you were tricked into buying the certificates which are completely worthless. And now you are forced to trick others to buy these worthless certificates by speaking and preaching positive about them. I understand. This preaching is what tricked people into buying the certificates in the first place. Now there's a whole army of tricked victims (holders) and they all need new investors to return their investments. So, of course that the only thing this army will do all day long is talking positive about their holdings.
You made a bunch of bullshit up. Every part of it is incorrect. 1. Like I said before, I don't have to preach. No one has to. There is no reward system or other form of incentive for those who preach versus those who don't. Every bitcoin holder has the same rights and opportunities as everyone else in the system. Therefore, your claim is totally incorrect. 2. I do not hold any "certificates". I have no idea where you got that definition from, or if it is just a product of your imagination, but that is not what defines bitcoin cryptocurrency. 3. What exactly am I tricked about? Can you be a little more specific? By the way, bitcoin cryptocurrency is not worthless. Whoever told you that is trying to fool you. Do not trust them! 4. No, I am not forced to do anything. That is what makes it so great. 5. The rest of your post is just wrong conclusions you drew based on the wrong assumptions you made. You do preach. And you do have to preach. Simply because you have to return your investment. If bitcoin is not worthless then why you cannot return even a dime worth of your investment without someone entering the system which issued bitcoin?When you spread lies that bitcoin is not worthless you're preaching. When you say anything positive about bitcoin you're preaching. Bitcoin is an investment certificate that tricks people to invest in a system that returns nothing once people invested. Hence, a scam. You're tricked into this scam and you're now forced to trick others into it to save yourself out of it. |
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Crypto is scam in general because it creates a system that issues the certificates to lure people to invest, and then people are able to return the investments only if new investors buy the certificates. Hence, a modern day investment scam.
Nah, crypto is about decentralization and individual empowerment. Nothing can be used to mislead people, and none of these fraudulent practices can work here. In fact, I can only say that crypto is the most promising form of money creation system we have in this era and crypto and blockchain are here to stay. Yes, that's the story you must preach because you're not able to return your investment from the system whose certificates you hold. You need new investors and you must trick them to buy your worthless certificates by talking about decentralization, empowerment, how your certificates will save the humanity, make poor people rich, how they are equivalent to Jesus, and so on. I understand what you're doing. It's just that people don't buy this nonsense anymore. I don't have to "preach" anything or "trick" anyone, I can just take my "numbers" at any moment and buy ANYTHING and ANYWHERE in the world. Now, can you explain how that is not a benefit or how there is no value in that system? Is there another system similar to that or even better? Also, please let us use valid arguments and do not bring up religion in this discussion. Religion has nothing to do with this and I am sensitive to my religious beliefs. OK? Sure you have to preach. You hold certificates of the system that won't return even a dime worth of your investment. Meaning you were tricked into buying the certificates which are completely worthless. And now you are forced to trick others to buy these worthless certificates by speaking and preaching positive about them. I understand. This preaching is what tricked people into buying the certificates in the first place. Now there's a whole army of tricked victims (holders) and they all need new investors to get rid of the worthless certificates and return their investments. So, of course that the only thing this army will do all day long is talking positive about their holdings. |
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Crypto is scam in general because it creates a system that issues the certificates to lure people to invest, and then people are able to return the investments only if new investors buy the certificates. Hence, a modern day investment scam.
Nah, crypto is about decentralization and individual empowerment. Nothing can be used to mislead people, and none of these fraudulent practices can work here. In fact, I can only say that crypto is the most promising form of money creation system we have in this era and crypto and blockchain are here to stay. Yes, that's the story you must preach because you're not able to return your investment from the system whose certificates you hold. You need new investors and you must trick them to buy your worthless certificates by talking about decentralization, empowerment, how your certificates will save the humanity, make poor people rich, how they are equivalent to Jesus, and so on. I understand what you're doing. It's just that people don't buy this nonsense anymore. |
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With this approach to bitcoin, you can generally say the same about the entire cryptocurrency and even stocks in general. It seems to me that this opinion is not entirely correct.
Stock system in general have equity or capital. Capital can either be liquidated or used to produce goods and services and that's how the holders of stock certificates can return the investments in the system without new investors. Crypto is scam in general because it creates a system that issues the certificates to lure people to invest, and then people are able to return the investments only if new investors buy the certificates. Hence, a modern day investment scam. |
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Bitcoin is real and you can invest and earn from it. Try to read in this website and other videos that contains a lot of information about bitcoin. You can also search for some videos about trading in order for you to learn and experience on how to trade and see it Bitcoin doesn't exist at all.
Bitcoin is real as a certificate, as an evidence that you invested in the bitcoin system. But bitcoin is not real as an asset, value, resource. Because, once people invested in it, they are unable to return their investments from the system. Instead, they have to wait for the new investors to bring in something. Only in that way people are able to return their investments. And that's how all investment scams operate. There's nothing inside the system that lured people to invest. The system was just used as a bait to attract the investments. And then, people must wait new investors otherwise they are unable to return their investments. That's how literally all investment scams operate. |
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