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I didn't call Bitcoin a Ponzi scheme. It's more of a pump and dump scheme where people extol made up virtues to get suckers to put money in, and as demonstrate
by SideQuark 4y ago
I didn't call Bitcoin a Ponzi scheme.
It's more of a pump and dump scheme where people extol made up virtues to get suckers to put money in, and as demonstrated for well over a decade now, it's a complete financial crapstorm filled with theft, criminal activity, and people stealing incredible sums of money from the unsuspecting.
But sure, it's not a Ponzi scheme. It just makes them easier to do to people.