Unfortunately, your replies suggest replying is not worth the effort, because you have a fixed set of beliefs and are here to argue them. Downvoting and moving on is the better approach.
Believing that you don't have beliefs, just a direct line to the mind of God, is a great reason to downvote and move on. It's much more time-efficient.
It is a fact that the sky is blue due to Rayleigh scattering of light.
That is a fact. I don’t “believe” the sky is blue due to light scattering ... I know it. And it doesn’t require “a line to the mind of God”. It’s called science, knowledge... education.
It is a fact that cryptocurrencies have value as a store of wealth and are not ponzi schemes.
Just because you don’t understand it doesn’t make it a belief on my end. Just like if you don’t understand why the sky is blue from how light interacts with nitrogen molecules, doesn’t make it a belief on my end.
We could debate the current price of Bitcoin. We could debate whether it’s in a bubble (which happens all the time in legitimate asset classes like real estate or the stock market). We could debate if the fact that only certain sectors of the population have access is detrimental. We could even discuss if Tether is pumping up Bitcoin through manipulation. (My opinion, since I and everyone currently have very limited data on it, is that it is, but ultimately to a very small degree). And tether in the way you brought it up, is a red herring here because one lone bad player doesn’t negate everything.
But dismissing cryptocurrencies as Ponzi schemes, tulips or beanie babies is simply ignorant and without fact. If there were facts that could support that conclusion, that would be worthy to discuss, but “extraordinary claims require extraordinary evidence”
Here are facts:
COVID is a pandemic.
Bitcoin is a store of value.
Here are opinions based on fact:
The COVID pandemic has caused enormous suffering.
Bitcoin is a good store of value.
Here are beliefs:
COVID is humanity’s punishment.
Bitcoin is going to ruin the world.
Here are prejudices:
COVID is a caused by 5G or Chinese conspiracy.
Bitcoin is a Ponzi scheme.
