If digital currencies resemble a Ponzi scheme, why are so many treating them as serious investments?

Overview:

I am quite perplexed by the overwhelming rush into digital asset investments given their apparent lack of intrinsic value. There seems to be little traditional backing for these currencies, yet investors continue to pour funds into them, seemingly ignoring the red flags. I’m interested in understanding whether market trends, speculative behavior, or perhaps unrecognized technological benefits are fueling this surge. Can anyone shed light on the underlying reasons behind this widespread enthusiasm despite the obvious concerns?

i think its less about a ponzi and more about an all in gamble on untested tech. ppl see potential despite the risk, kinda betting against old finance while embracing decentralization. its messy but that’s what makes it exciting for some.

hey there, im really intrigued by this too. sometimes i feel that apart from the hype and speculative rush, ppl see digital currencies as a break from traditional finance, almost like a shift in paradigm that offers new ways to think about value. you know, its not just about quick profits for some, its the idea of a decentralized system and maybe even a chance to challenge the old setup. but then again, isnt it weird how the risk is so high yet so many seem to be in on it? what do u all think, can innovation really coexist with such a risky investment vibe, or are we just caught in a massive experiment? would luv to hear more opinions on this aspect…