The government is the biggest ponzi scheme of all..When Bitcoin hits new all time Highs in 2024, and they aren't part of it. Just sell some for your hefty profit, smile and wave.
As far as Buffets comments he doesn't understand it. He is only going to invest in what he knows and trusts. Nothing wrong with that. Read some of the articles I posted from the last bear market. It is the same story, and then people keep on cashing in.
Bitcoin is not a damn ponzi scheme, it is Web 3.0. It is going to change the way the world does banking, and going to replace the need for bank lending. There is a reason why Banks are investing in it, because if they don't they are going to be screwed. Smart Contracts take out the need for personal loans. Imagine buying a house, and not having to pay 7% for all the paperwork. All the necessary proof of your purchase is in the digital smart contract that cost a couple bucks to be put on the blockchain and verified all over the world.
Do some research folks this is not a Ponzi Scheme
At this stage, I'm looking to start nibbling a little bit.. prob more after Jan 1. But I'm only sticking with BTC, BCH and BSV.
I still think there needs to be a shakeout there with those 3 versions of bitcoin.
As for altcoins, I am not sure what is going to happen, they could all get wiped out. At this point, I do not trust proof of stake yet and in that space, I'm only really watching eth, paxg, bnb, and tron.
Tron is quietly becoming a massive liquidity provider and I believe China and others are now using usdt via tron as a proxy to get us dollars. You may see a digital Chinese Juan on the Tron network soon.
The other interesting play is dodge coin.. if Elon implements it on Twitter, which he has talked about, it could get interesting. I'm not sure how that would work though, as he talked about having to pay for each tweet via dodge and that might cut down the number of people willing to post.. even if each post only cost you a nickel equivalent, some people won't do it.
The only other play I have is getting monthly free BAT token by using the Brave browser.