this post was submitted on 01 Jun 2025
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[–] interdimensionalmeme@lemmy.ml 1 points 5 days ago (2 children)

What putting money into crypto does is empower early bitcoin speculators

[–] MajesticElevator@lemmy.zip 1 points 4 days ago* (last edited 4 days ago)

Your statement is technically true for everything you buy. You make the market price go up, so every owner benefits from it if they intend to sell at some point

It’s the same for stocks, it’s the same for houses. Welcome to economics

[–] JackbyDev@programming.dev 1 points 4 days ago (1 children)

Right, but definitely not a ponzi scheme. Also, proof of stake is also definitely not a ponzi scheme.

[–] MajesticElevator@lemmy.zip 1 points 4 days ago (1 children)
[–] JackbyDev@programming.dev 0 points 4 days ago

It's a joke. Trolling implies intent to deceive or get a negative reaction.