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No, bitcoin isn't a ponzi scheme because it's not a ponzi scheme. A ponzi scheme is a very particular kind of scam. If I started an altcoin (like bitcoin) and

by javert 12y ago

No, bitcoin isn't a ponzi scheme because it's not a ponzi scheme. A ponzi scheme is a very particular kind of scam. If I started an altcoin (like bitcoin) and promised people it would increase in value, it still wouldn't be a ponzi scheme because that is not how a ponzi scheme works. It would be a different kind of scheme that I don't think has a name. edit: Well, some people would call it a pump-and-dump, so maybe that.

Terr_ 12y ago
It may be a pyramid scheme, but you're right that the definition of a ponzi-scheme involves lying about how revenue streams and expenses.
kleer001 12y ago
Yes, Bitcoin, like a publicly traded security, is vulnerable to pump-and-dump schemes. Very very vulnerable.