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Absolutely, I have seriously thought long and hard about cryptocurrencies and have also come to the conclusion that it is a definitive scam.

Now is the time we must shut it down. Bitcoin, Ethereum, all of it.

Even ponzi schemes have it's limits and this one has been reached and been illegally allowed to run rampant.

It was nice when it started, not while it lasted. It didn't work and now it's time for it to go.



In what ways is the technology itself, rather than how it may often be used, a scam?


It’s a centralised system disguised as a currency (Bitcoin) and designed to be a pyramid scheme.

Blockchain is just another buzzword that isn’t actually useful.


What are your arguments for this proposition?

How are Bitcoin and Ethereum ponzi schemes?


You have so called ‘whales’ controlling and manipulating the coins, only those who got in early and the institutions can control the price of Bitcoin and Ethereum.

The whole thing is so volatile a single billionaire can say anything causing the entire crypto market to crash, leaving those who got in extremely late holding a huge bag.

Bitcoin is useless and has no usecase at all and Ethereum spurred on the useless energy inefficient and vapid NFT craze which is yet another money laundering scheme. Don’t get me started on ransomware as that is for another story.

This experiment should not have been allowed to run it’s course at all and all of it needs to be shutdown.




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