[Mad Dawgg]

"Payment system, currency, or ponzi scheme?"

Tulip Bulbs...

[Norseman]

>>”Payment system, currency, or ponzi scheme?”
Tulip Bulbs...<<

Yes, that is accurate. The result of wild speculation, pure and simple, with the miners taking the place of the growers. At the end, they will be left with an inventory consisting of used computers instead of piles of unsold bulbs, wondering how $10 million of bitcoin inventory could become worthless nearly overnight.