Post
Topic
Board Beginners & Help
Re: Ponzi Scheme 101
by
xha-256
on 25/11/2018, 17:30:43 UTC
Cryptocurrency was somehow ralated to ponzi scheme. I just wish if you had also make a point of view between ponzi scheme and cryptocurrency. Could we consider cryptocurrency a Ponzi scheme? If yes or no, Why? I have been so much hearing all of this in altcoin board discussions and in my point of view cryptocurrency is neither related with Ponzi Scheme. Cryptocurrency has no relevance on ponzi schene instead I am seeing cryptocurrency as a payment system in the near future that uses blockchain for transparency in every system integrated with it.
Does bitcoin/crypto promised anything that you will get X% of profit when you own any bitcoin/crypto in just X day/month/year? No.

Does bitcoin/crypto have the idea of referral system/payment/bonus? Where you get X of profit when you invite someone to have bitcoin/crypto? No

Only people who doesn't have any fraction of bitcoin/crypto only said that this payment system is a ponzi. Except to those Cryptocurrency that is proven Ponzi which is literally a ponzi and should be avoided.