> I think calling it an outright ponzi scheme is not that clear. It's a very fitting comparison. Like all ponzi schemes, people are attracted to the bitcoin s

> I think calling it an outright ponzi scheme is not that clear. It's a very fitting comparison. Like all ponzi schemes, people are attracted to the bitcoin scheme due to the propaganda barrage on how it's a sure thing and guarantees profits to those who get on board right now. Like all ponzi schemes, the bitcoin scheme depends on the people already onboard attracting more members for them to keep pumping money to inflate its value. Pump-and-dump schemes share many strikibg similarities with ponzi schemes, thus the appropriate comparison of bitcoin with a ponzi scheme.