If you think that's all it takes to satisfy the definition of a Ponzi scheme, you're incorrect. That would even be an oversimplification for a Pyramid scheme.

If you think that's all it takes to satisfy the definition of a Ponzi scheme, you're incorrect. That would even be an oversimplification for a Pyramid scheme. I'm not sure why this has to be corrected for every crypto thread on HN. We get it, someone has to comment on every crypto post "Ponzi scheme," "tulips," or the like (regardless on whether or not such a generic comment is especially relevant to the thread) but simply calling it a "scam" gets the unoriginal point across without making you seem so misinformed.