If there is something that can deprive you from wealth is the fiat scam, now that's a ponzi.
How is that a ponzi ?
now with the crisis they are paying you with the money of other, and it was always like that for deposit or loan with fiat
with bitcoin wasn 't exactly like that, if you want them you just buy from early adopters, there is no ponzi, there isn't something after you that you need to pay, so you can't call it a ponzi
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.
well this isn't the definition of ponzi, a ponzi is when you need the money of someone else to be payed, in bitcoin you don't need that you can just buy from the miner or early adopter directly, they may look the same but they aren't
also there isn't a central autorithy controlling everything cough government/bank/ cough like in a real ponzi...