people learn what a ponzi scheme (most misused term on this forum) actually is (2 minute friggin wiki search) before mouthing off that you know something 
sorry one of my pet hates
sorry one of my pet hates
I have made a case on several occasions that proof of stake coins exist that do fulfill the ponzi requirement like I talked about in this post:
https://bitcointalk.org/index.php?topic=624223.msg7181653#msg7181653
I would also classify most coin devs as "newbie" devs since the majority, even if good programmers, completely ignore all rational economic aspects as I mentioned in this post:
https://bitcointalk.org/index.php?topic=644349.0