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Bitcoin's protocol has no central actor to disproportionately redistribute new investors' money to old investors, a Ponzi scheme would be impossible.
by SippinLean 8y ago
Bitcoin's protocol has no central actor to disproportionately redistribute new investors' money to old investors, a Ponzi scheme would be impossible.
- api 8y ago... or alternately all money is a Ponzi scheme. Take your pick.
- jadedhacker 8y agoSo there's not even a logical organizing principle that would actually benefit someone, it's just collective insanity. There's still no obvious application of Bitcoin. This is just slavish alter building to the god of markets.