When googled there are already topics alike tgat are now in off-topic section, though it’s still good to reminisce how it all started when everybody still thinks bitcoin is a scam and only few were using it in my countru, some were told to be scammers as many didn’t believe in bitcoin when I started to know and study it wayback 2015-2016 though its nice I found this forum and know there are already people who are interested in it and proves it’s profitable.
That’s right. A lot of people in my country thought that cryptocurrency was another Ponzi scheme. Ponzi scheme is one of the scams that has trended in my country and it made a lot of people start being scared of investment. every little thing they see they always think that it is another Ponzi scheme and it has made people to distrust every sort of investment that there is.
So, when Bitcoin was still new and a lot of people were still getting to know what it is all about, they thought that it is something that also relates to Ponzi scheme. But after the started to see that Bitcoin has lasted for a long time and despite everything it continues to stay strong, now they are all starting to believe in it.