Post
Topic
Board Bitcoin Discussion
Re: Ponzi scheme?
by
Sief
on 01/05/2011, 19:55:09 UTC
It will be a pyramid scheme until a certain theoretical point where it reaches a level of implementation where it's widely accepted and liquid enough for people to actually use it.

Right now it's just like any share out there that you might by at an excahnge, except a few vendors glorify it by accepting payments. When trading volume from people buying into BTC is exceeded by actual commerce, I say it's not a pyramid scheme anymore. Arbitrary, I know.