With all due respect you misunderstood my own attempt to generalize. By your definition gold or fiat currencies are also Ponzis. > ...unlike cryptocurrencny wh

With all due respect you misunderstood my own attempt to generalize. By your definition gold or fiat currencies are also Ponzis. > ...unlike cryptocurrencny where the amount of money invested into it has no relationship to its capabilities. The most fundamental thing about Bitcoin is that its price has a direct relationship to network security, which affects how soon you can be confident new blocks will not be out-mined - a clear value. If you don't believe me simply look up a chart comparing Bitcoin hashpower to its price.