What is the best argument against the Ponzi scheme narrative?
In what ways are Ponzi schemes different from bitcoin?
How do they generate value differently?
Educating the masses would help clearify the issue of Bitcoin seen as ponzi. Many people have been a victim of ponzi schemes and most of them now generalize any online investment or opportunity as ponzi. But educating the masses can throw some enlightenment and clear the notion off. Ponzi is very different from ponzi in the sense that Bitcoin is completely decentralized and once a fraction is purchased either through a p2p network or throw any other means it remains in your wallet giving the buyer complete possession of the coin. In the area of ponzi the investor is investing in a project that isn't self explanatory. The attractive attributes is the promise to double the investment by an attractive percentage and most investors fall for that
But that assumes that people want to be educated when it comes to their financial future, something that I have found out is not true most of the time, people are so tired from their jobs and the problems they have on their everyday lives that the last thing they want is to have to learn about something else, so they dump that responsibility on money managers, politicians and economists so they think for them, and if they say bitcoin is bad and a Ponzi scheme then they will simply believe them.
This had been the reality and thats why these people are isolated on things which could potentially freed them on such situation because the world is big and if you do look out on bigger picture you would
really able to realize on how things should be treated up and deal on and as you do gain up more experience you would able to handle things around you.Whether its a new one or
not then you would able to make yourself get along with it.The most common thing is that people do initially rushed up into something but once you do learn then you are
able to handle up things well.