Post
Topic
Board Bitcoin Discussion
Re: Is Cryptocurrency One Big Ponzi Scheme?
by
Bunsomjelican
on 26/03/2019, 08:21:48 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

Literally speaking, yes! it is a Ponzi scheme. Only if you are not yet fully knowledgeable in cryptocurrency pal.
But once you discover the deepest reason of it, you will find out in a long run that this cryptocurrency can give a big help
for us to gain big in the future and its potentiality in the market as long as the coins you are going to hold em has a high volume
in the market as well.