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Sibshops /
npub1hdy…pxgx
2024-07-28 19:50:59
in reply to nevent1q…mall

Sibshops on Nostr: The promise of profits is what makes Bitcoin, as an investment, a scam. For example, ...

The promise of profits is what makes Bitcoin, as an investment, a scam. For example, statements like "It's still early" and "Everyone gets Bitcoin at the price they deserve" imply that Bitcoin is guaranteed to go up in value.

Bitcoin also has many promises that it can't deliver on, such as being the "hardest money," the "future of money," and an "inflation hedge." These claims are just a way for current holders to deceive new investors into buying into the scam.
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