3 ms·
I think this is the best way to address the issue of Bitcoin being a ponzi-scheme that some people raise. Explain that it's a software product that allows insta
by snitko 13y ago
I think this is the best way to address the issue of Bitcoin being a ponzi-scheme that some people raise. Explain that it's a software product that allows instant low-fee transactions without a centralized server, and those transactions can include complicated logic to serve various types of contracts, enforced without lawyers or authority, thus lowering the costs of business. And it's startup that you can invest into without going through the pain of hiring lawyers too.