• TheImpressiveX@lemmy.ml
    ·
    5 months ago

    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.

  • some_guy@lemmy.sdf.org
    ·
    5 months ago

    If you lost money on crypto, I’m sorry. But I also don’t feel that bad for you. The signs were there and people have been screaming about them for years.

    • tracyspcy@lemmy.ml
      hexagon
      M
      ·
      5 months ago

      I cannot agree, we should try to help people to avoid ponzi. It is hard for people to resist marketing campaigns and opinion leaders trying to involve more people into ponzis