lopp on Nostr: Buttcoiners like to call BTC a Ponzi scheme because early adopters were rewarded for ...

Buttcoiners like to call BTC a Ponzi scheme because early adopters were rewarded for the risk they took.

But then they have to do mental gymnastics to explain why other assets aren't Ponzi schemes. Usually they fall back to the argument that they are "productive assets."

You could probably trigger them well by declaring that real estate is a Ponzi scheme perpetuated by Baby Boomers.