ponzi = virtual wallet.
simple.
Huh?
Sorry, but you have me a little bit confused there.
Care to elaborate?
Thanks
That's exactly what I was thinking. Blockchain.info might be a virtual or online wallet, but ponzis are straight up pyramid scams. Sometimes they actually pay out initially but at some point they will collapse if they don't run off with your money straight away that is.
By that definition everything is a Ponzi. Everything has a begining and an end, where the ones at the beginning get the most gains. Timing is everything, and Bitcoin hasn't even begun.