Recent content by jubalix

the emotions involved maybe, I expect a correction and all will say its dead (again), until next time when it goes 20x the last ATH. This is going to about 1M a coin, and has 2 more ATH and crashes to get there.

no. a ponzi is orthogonal to anything to do with bitcoin on a blockchain. The bitcoin always delivers its terms, with your bitcoin and no one can stop it. Ponzi schemes are limited by incoming supply, and the ledger of a ponzi scheme if it has one not a denctralilized permissionless register...

ok its time to put these to bed. In a ponzi scheme you hope to receive more money from the next person(s) incoming, and so this plays with the velocity of money. When new entrant sources fail, then the scheme fails With btc, what is gives in exchange for fiat, or other goods/services/cryptos...

Bitcoin/crypto may be on a technology uptake curve, rather than a traditional financial curve. it just so happens BTC one is very buy able. The curves are usually S shape.