Quote from: Yaunfitda on May 16, 2025, 10:31:51 AM

Quote from: odolvlobo on May 14, 2025, 08:16:26 PM

Anyone who claims that Bitcoin is a Ponzi scheme either doesn't understand how Bitcoin works or doesn't understand what a Ponzi scheme is, or both.

It's because during the early days of Bitcoin, there were a lot of didn't understand it and so they claim that it was similar to Ponzi scheme or even to Tulip Bubble. But we have both disproved that already as Bitcoin can't be compare to them. I mean if the tulip mania, it was burst and never comeback, as compare to Bitcoin wherein every 4 years we will get into a point wherein there is a new all time high. As for Ponzi scheme, it's obvious that we are trading here, others sell, and then on the other part of the globe, there will be buyers that will win and make some money, and on the other hand those who sold might have their reasons and they could comeback again and re-buy. Which is very far and different from a definition of Ponzi or pyramiding scheme.

This. Even today there are people who still thinks bitcoin as tulip bubble.

Truth is, it isn't. Bitcoin has its use and being trusted by people across the world as a currency even can become a hedge against inflation and store of wealth.

The people who keep saying that bitcoin is a tulip bubble don't know what they're talking about. They honestly should just learn the use case and read the bitcoin's whitepaper sometime, it'll be life changing.