Post
Topic
Board Bitcoin Discussion
Re: Is Cryptocurrency One Big Ponzi Scheme?
by
Koadharber
on 17/02/2019, 13:59:44 UTC
The basic underlying idea behind the use and creation of cryptocurrency is to present financial freedom to everybody no matter where you find yourself in this world. But the volatile nature of these digital currencies got me thinking, what if the whole idea of blockchain and cryptocurrency is just one giant Ponzi Scheme?  Within a short period of time, there have been about thousands of cryptocurrencies created. Majority of these digital currencies are either trying to solve problems of a particular cryptocurrency by presenting solutions they think can help improve financial freedom. This usually gets me wondering and thinking. If you don't agree with me on this, please share your thoughts... Grin Grin Grin
Those people who keep saying that cryptocurrencies are big ponzi scheme are the people who doesn't have information about what it is. They are victims of misunderstanding and fake news. They will regret what they say if they fully understand what it is and its function.

We cannot avoid that there are people spreading negative news about Bitcoin,maybe those people have negative experience in Cryptocurrency or they don't have enough knowledge about it that's why they want to make Bitcoin become worst by spreading fake information.