>Ponzi scheme

Stop with this meme holy shit. Every time I see someone calling Bitcoin a ponzi scheme I disregard everything else they post because they don't understand how something as basic as a ponzi scheme. Is the stock market a ponzi scheme because earlier investors in a company earn more money over time due to their initial investments? Are real estate markets ponzi schemes? What about precious metal markets? Now I'm starting to think that any kind of investing is a ponzi scheme because value goes up over time.

Get real.