why do normies think bitcoin is a ponzi when social security is the real ponzi scheme?

[mogger123]

bitcoin against characteristics of money:

• durability - does not have a physical form so cannot be damaged
• portability - again, no physical form so can be taken anywhere with ease
• divisibility - can be divided up to eight decimal places, more than fiat currency
• unformity - every bitcoin is identical
• limited supply - hard cap of 21 million
• acceptability - if I offer someone on the internet bitcoin for a service, they will gladly accept it as a payment

as you can see it is pretty clearly a currency.

meanwhile for social security:

• workers all make contributions to a big pot of money
• retirees get paid out their share of the pot
• only way to refill the pot is to get more workers
• eventually there are not enough new workers to sustan the retirees and the whole system collapses

literally a textbook ponzi scheme.

 

[Deleted member 23239]

So much text my brain hurts