Post
Topic
Board Bitcoin Discussion
Re: [FAQ] Is BitCoin a Ponzi or pyramid scheme? (Newbie-Friendly)
by
Kprawn
on 03/10/2015, 05:59:29 UTC
I can't fathom how someone comes to that conclusion, Bitcoin and Ponzi schemes don't have anything in common.

Well, If you are a Bitcoin shill {Someone paid to bad mouth Bitcoin} you would make any connection, even if it has a 10% chance. Most of these shills wants to come from a angle

to say that the early adopters of the technology have the advantage over the late adopters of Bitcoin. So they are hyping up the price to get more people to buy Bitcoin and then

they offload for maximum profits. That is not how Ponzi schemes work... as explained in the OP's great post.  Wink