There is no asset in there world like bitcoin. I am not sure whether normal laws of investing or market evaluation can be 100% used to assess bitcoin position.
I am tired of people who call bitcoin Ponzi scheme, they can't really understand what bitcoin or Ponzi scheme really is.
Newbies or haters don't know what are the evaluation criteria for investment to be called a Ponzi
And what are the "evaluation criteria" according to which Bitcoin is not a pyramidal scheme?
You have 10 days within which you should provide a simple and coherent explanation why Bitcoin is not such a scheme. But please don't say that fiat is also a sort of Ponzi or that trash since we are talking about Bitcoin and Bitcoin only. If we exclude using Bitcoin as a means of payment (which is negligible, anyway), Bitcoin is essentially a "tulipomania" with the difference being that tulips had been material and could actually be used for something other than speculation