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?
If you believe that bitcoin is a ponzi scheme, then you better look for the peoples who join bitcoin late.
ponzi always profitable for peoples who join earlier, but bitcoin is not like that. Even you involving in bitcoin late, you still will get the profit later.