this post was submitted on 08 Feb 2025
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[โ€“] konki@lemmy.one 0 points 1 month ago* (last edited 1 month ago) (1 children)

That is true, but Bitcoin, like all other crypto"currencies", is a Ponzi scheme. Its value is driven purely by speculation, and the hope that it can be passed on to a "greater fool" for profit. This is true for a lot of financial assets, by the way.

[โ€“] explodicle@sh.itjust.works 2 points 1 month ago

You don't think secure time stamps are useful?