Post
Topic
Board Bitcoin Discussion
Re: Unfortunately people will learn the hard way that Bitcoin is a Ponzi scheme
by
Kprawn
on 06/02/2018, 15:19:33 UTC
Bitcoin is NOT a Ponzi scheme!

It is a currency competing for dominance! It will REPLACE the dollar! Thus, all dollars are converted into bitcoin. The more dollars converted to bitcoin the value of bitcoin goes up, because bitcoin is NON INFLATIONARY!!
You are wrong. Bitcoin is a number. Number is not a currency but mathematical object. A currency is legally enforceable instrument which originated from loan contracts in a specific country.

Why is it legal? Only because your masters are forcing you and other people to use it. The biggest Ponzi scheme is Fiat

currencies and the shocking thing is that it is legitimized by governments. Any commodity can be a currency, if the

government "rubber stamp" it. They put a dead president on a piece of cloth {cotton and linen} and tell you that they

guarantee the value and people are foolish enough to believe it. {What a joke}  Cheesy Cheesy Cheesy Cheesy