Bωockchain

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crypto skeptical community

bwockchain is not a technology of the future, buttcoin is a scam.

All lemmy.ml instance rules work here.

founded 2 years ago

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tracyspcy@lemmy.ml

Permanently banned from r/bitcoin (lemmy.ml)

submitted 1 year ago by tracyspcy@lemmy.ml to c/bwockchain@lemmy.ml

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[–] TheImpressiveX@lemmy.ml 0 points 1 year ago (1 children)

Personally, I'd say Bitcoin is a negative-sum game.

In order for one person to win, thousands of people have to lose. If that was all it was, Bitcoin would be merely a zero-sum game. However, Bitcoin mining also uses up valuable resources like electricity and processing power, so there's still a loss.

Calling Bitcoin a Ponzi scheme isn't wrong, though.

[–] tracyspcy@lemmy.ml -1 points 1 year ago

looks pretty ponzi to me, mods comments made things even worse ^_-