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Reply to "percent of portfolio in bitcoin?"
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[quote=Cryptwhale][quote=Anonymous][quote=Anonymous][quote=Anonymous]Bitcoin is a ponzi scheme. There is no intrinsic value behind it. [/quote] That’s a common misconception. A Ponzi scheme relies on promised returns paid from new investors’ money. Bitcoin doesn’t promise anyone returns, and it’s fully transparent on-chain. Its value comes from scarcity (only 21M coins), decentralization, and global demand as a censorship-resistant store of value. It’s not a scam it’s a monetary revolution in real time.[/quote] The only reason it holds any "value" is because a bunch of HODLer idiots like you have been convinced it's worth something. Especially the sh*t coins. Do you really think Fart Coin has value? Lol. There is absolutely no intrinsic value to any of these coi s outside of that. Unlike gold and silver which have other uses, what do you do with a bitcoin other than speculate it is "going to the moon"? The entire coin universe is nothing but some get rich quick promises and it will eventually bust. [/quote] Honestly, you’re entitled to your belief, and I respect that. Everyone has something they choose to believe in. For me, I’ve just chosen to make the best out of Bitcoin and it’s worked out pretty well so far. The space isn’t perfect, but it’s evolving faster than most people realize.[/quote]
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