Post
Topic
Board Economics
Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't?
by
decodx
on 14/04/2021, 12:50:42 UTC
why I call it a ponzi  ...

Yes, some people believe cryptocoins are ponzi schemes. But they aren't. Why? Mostly because they are legitimate investments which give you a legitimate return. If you believe Bitcoin is a ponzi, then all asset classes should be considered as ponzi schemes. If you don't know what asset classes mean, google it.

why I call it a bubble  ...

I remember reading an article in a business magazine recently. Anyway, one quote stuck with me:
"It is not always easy to explain why assets become expensive, but this does not mean that every risk in the market is about to burst."