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?
Ofcourse
I'm using bitcoin three years ago that I've been spending so much money in bounty campaigns and trading income is also huge.
Surely there is no problem with bitcoin that people have problems because they make a bitcoin scam, it makes their payment to other people when you scam someone else because bitcoin's transaction is free no matter where part of the country goes.