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>Can someone explain to me why Bitcoin is compared to a Ponzi scam so often. The early adopters are paid profits based on new "clients" incoming funds, who the
by stupidhn 9y ago
>Can someone explain to me why Bitcoin is compared to a Ponzi scam so often.
The early adopters are paid profits based on new "clients" incoming funds, who then sell to even newer "clients". A ponzi relies on the greater fool.
I doubt Bitcoin is a Ponzi, but of all the things people call a Ponzi scheme nowadays, it's a reasonable analogy.