Comments by "" (@ericp1139) on "Bitcoin is 'a giant pyramid scheme,' says Pinboard founder" video.

  1. 5/22 is Bitcoin pizza day. Pizza was LITERALLY the first thing bought with Bitcoin.
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  2. Exactly. Who is this guy? Lol
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  3. That’s not the definition of a pyramid scheme. A pyramid scheme is when you recruit people under a downstream. Crypto is just buying assets on an open market. Anyone that gets these definitions wrong is suspect.
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  4.  @jw1438atx  crypto has been doing just fine. And it will do just fine without you. Heard you guys say the same thing when Bitcoin was at $10, $100, $1,000, $10,000, $20,000, etc.
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  5. It’s not a legend, it’s true.
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  6.  @jw1438atx  if the vendor wants to convert it to fiat, that’s their choice.
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  7.  @SolidAir54321  that’s not the only defense. But if you only listen to naysayers, you’d have missed out. Maybe you don’t believe or agree with it, but your opportunity cost is real.
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  8.  @Jop3lius  you can apply that to anything. People that lose money on gold blame it on all manner of things too.
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  9.  @Jop3lius  it still functions as a currency, that transmits much easier than gold. And congrats to having a shiny rock, I guess?
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  10.  @Jop3lius  base layer sure. But there’s lightning network and taproot. And it’s about moving money without a bank in between. Sometimes speed isn’t the biggest factor. And we are conversing in 1s and 0s now. Is YouTube worth nothing?
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  11. You can transact in Bitcoin, but why would you want to? It’s an appreciating asset that will trigger capital gains tax. That pizza alone cost that guy half a billion dollars with today’s BTC price.
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  12.  @bryanbuff  let me guess, you’re a BCasher?
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  13.  @One.Zero.One101  you see stock and real estate scammers. Are stocks and real estate scams?
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