On Crypto: Ponzi Schemes, Game Theory, and Positive Sum Games

読了時間: 3 There are plenty of people who say Bitcoin is a ponzi scheme. While I disagree, I can understand where they’re coming from. They’re convinced the only value Bitcoin has comes from the belief that one day someone else will come along and pay you more than what you paid, also known as the greater fool theory. I understand where these people are coming from because anyone who’s actually tried using Bitcoin will see how horrible the user experience is compared to Venmo, Paypal or Cashapp. Chances are most people don’t care about Bitcoin’s censorship resistance, fixed supply, or its ability to be sent across borders. They aren’t interested in monetary […]