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Author Topic: Whenever someone says Bitcoin is a ponzi scheme, just ask them...  (Read 162 times)
TravelBlock
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December 15, 2017, 07:03:27 PM
 #21

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Is Coca Cola a Ponzi scheme? After all, they have to run ads to fool "suckers" into buying Coke as well.

No if Coca Cola was running a Pyramid Scheme/Bitcoin Scheme it would look like this:

Coca Cola makes a new invisible drink no one can see
Coca Cola rewards the first people who help create this invisible drink
Coca Cola uses payments made by new invisible drink consumers to pay the people who help created it
Coca Cola gets additional customers when the people who made the invisible drink tell their friends about it
Coca Cola pays customers to keep recruiting their friends
Coca Cola continues to sell these invisible drinks and gets everyone's money
Coca Cola pays customers to keep recruiting their friends.. is this line referring to Bitcoin's payments? Because as far as I know, there are none. I mean hardforks produce extra capital, sure, but that's not what the original intender planned. Nor does that really happen to everybody. People invest into BTC mainly due to speculation right now, but even when that dies down, there still will be more value to it than the traditional payment systems.
audaciousbeing
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December 15, 2017, 07:14:42 PM
 #22

- Have you ever heard about Kim Kardashian?
- Yes.
- Great. What's her purpose?
- Uhm, I don't know. Nothing.
- Exactly! Nothing, yet it's worth billions.

I must just laugh at this comparison bitcoin and Kim Kardashian but they are completely opposite each and giving that as an excuse will show a form of moving or shying away from conversation especially in an intellectual gathering which might give one away as someone who really does not know the reason why he is involved in bitcoin.

I would prefer everyone to go have answers for this if you haven't had one because you never can tell, it question might be directed to you at the time you least expect and your response might go a long way in either adding someone to the fold, or giving someone a reason to hold to his myopic view.
stompix
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December 15, 2017, 07:22:20 PM
Last edit: December 15, 2017, 09:19:22 PM by stompix
 #23

-have you ever heared of rremus91 ?
-Yes
-Did You get his point ?
-No
-Exactly

The sad part is that the only comment I get is yours Smiley)
What in the name of God and E! has Kim  Icantspellhernameright with Bitcoin and with a ponzi scheme
The only one that is "investing" in her is Kanye West, but I doubt ordinary people would be able to "invest" in her, and I don't even want to mention what the bubble burst would look like



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