this post was submitted on 27 Jul 2025
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Bitcoin may not be a scam per se, but its main usage is to facilitate scams. The biggest of which is being a market that speculators can manipulate to make the currency they actually want.
It's not a scam requires a huge Wikipedia
I'm not saying it's great, it's shit, but at least it's not as evil as visa or MasterCard
Even if bitcoin isn't a scam, people still use it to fuck people over. When bitcoin gained popularity, the forum entries were insane. It was all people telling other people to hold. Please hold guys, bitcoin is the future. Use your bitcoin like you would money, guys we're all in this together. At the same time, they made fun of people who used their bitcoin to pay something and go: haha that loser bought a 20k pizza. And they would all fuck eachother and sell all their bicoins when they were high enough. And when it dropped, they started again. Guyyyys, remember to hold.