I've had the ponzi argument via public forum on multiple occasions. It comes down to people not knowing what a ponzi scheme is. Early adopters profiting more than late comers =/= ponzi scheme.
100% incorrect, quite ironically.
What about this is incorrect?
In a Ponzie early investors may profit but usually they just think they are profiting as the are paid unrealistic amounts of interest in their investment - that is to attract in more victims. The late comers lose everything as the scam is run down. Its not about late comers getting a smaller slice of the pie, all of their money is taken and they see none of it back.
So, you're both actually saying the exactly the same thing, but you've decided to insist that kleeck is 100% incorrect. Makes perfect sense.