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?
Dont ever think bitcoin is ponzi because its very slightly different to ponzi. I think people who said bitcoin is ponzi need to learn more about bitcoin and generally cryptocurrency. I hope this statement not push people to have opinion about bitcoin is ponzi because it can make cryptocurreny down.