> Bitcoin's usefulness diminish
No, you mentioned it yourself: Bitcoin is a store of value. Moreover, it's one with a high liquidity, strong brand, limited supply, available in 180 countries, without banks involved and super reliable (gold doesn't have that features and please show me any other asset that has these features). So, it has a use and value.
That it has evolved to this is no one's fault and btw this might change (the cash part) with the lightning network again.
> more like a Ponzi scheme
That would mean that all operators of Bitcoin, so everybody who is just investing or running local wallets with full nodes deliberately intend Bitcoin as a Ponzi scheme?? This is utter nonsense. If I launch an ICO tomorrow. Just a landing page and a BS white paper, you could allege that I deliberately plan my ICO/coin/token to be a Ponzi scheme. But you can't allege millions of BTC investors that they intend a Ponzi scheme eight years after this things started. Maybe you should check the definition of a Ponzi scheme again.
However, do you own or did you ever own any BTC?
No, you mentioned it yourself: Bitcoin is a store of value. Moreover, it's one with a high liquidity, strong brand, limited supply, available in 180 countries, without banks involved and super reliable (gold doesn't have that features and please show me any other asset that has these features). So, it has a use and value.
That it has evolved to this is no one's fault and btw this might change (the cash part) with the lightning network again.
> more like a Ponzi scheme
That would mean that all operators of Bitcoin, so everybody who is just investing or running local wallets with full nodes deliberately intend Bitcoin as a Ponzi scheme?? This is utter nonsense. If I launch an ICO tomorrow. Just a landing page and a BS white paper, you could allege that I deliberately plan my ICO/coin/token to be a Ponzi scheme. But you can't allege millions of BTC investors that they intend a Ponzi scheme eight years after this things started. Maybe you should check the definition of a Ponzi scheme again.
However, do you own or did you ever own any BTC?