Tudor_n on Nostr: This is interesting but I think it's still a ponzi Every store of value is a ponzi by ...

This is interesting but I think it's still a ponzi

Every store of value is a ponzi by definition. Or rather, every ponzi is a store of value.

Whether it's a ponzi SCHEME or not, is different.

Semantics.

quoting
nevent1q…vwaw

The reason why it's fair for early holders to "cash out" their Bitcoin at the expense of new holders is because it's always a better trade for the buyer (historically)

This is the complete opposite of a ponzi

The reason why it's fair for early holders to accrue so much reward is because they've allocated capital to perhaps the most important project in human history

This is the complete opposite of a bubble