Jon Bond's avatar
$35.6m follower assets
Temperature check - i have to say i am the latter, but want peoples take...
mind often heads here in precipitous sell offs, but.....
Is bitcoin a ponzi scheme fuelled by the feds zero interest rate policy or a legitimate store of value that will hit USD$100k in the future?
56%it's a ponzi
43%totally legit
16 VotesPoll ended on: 06/15/22
Chip Lunderburg's avatar
Totally legit ponzi.

Conor Mac's avatar
I think it does solve a genuine problem in society, but I am not sure that it's all that necessary. Companies that serve the "unbanked" can do just as good a job.
Jon Bond's avatar
@investmenttalk I am big believer, and as ever, conviction much higher when it's gapping up! but there are very legitimate concerns which always return when it's heading south at 1000mph...the psychology of investing!!
Preston | Investor Insight's avatar
I treat it as a heavy risk on asset that is impacted mostly by Fed liquidity more than anything. It has NEVER been through a recession so if we go through that, it could change my stance but for now I think we could see 11k then 50k+ again.
BanklessDAO's avatar
Legit, but not without its flaws, risks, and scammers. Down markets are humbling, but there is something special here.
Stock Metal Investment's avatar
Especially in times like these, a way to actually own your assets is fantastic. I stay long.
Investor from Nepal 🇳🇵's avatar
I would say totally ligit ponzi

Author

Related