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by
TonyBR
on 02/05/2020, 02:53:00 UTC
I had arguments  with my friends  who are always  tagging  bitcoin with negativity. Today, we argued  and I educated them on bitcoin and Ponzi scheme.  To me Ponzi scheme  is when developers takes  money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin  is not like that.  Do you think I am right?

You are 100% right. Bitcoin is not a ponzi scheme and those who say that have no idea of it.