Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a inherent Ponzi Scheme, please correct me if I'm wrong
by
Bobtimus
on 31/08/2014, 03:00:16 UTC
And for clarification, I'm not saying that it is a Ponzi, I know what a Ponzi is. But that doesn't distract from the Ponzi like speculative features that Bitcoin has to offer, all under a self-regulatory and non-institutional package. I think having a limited supply will inevitably cause the speculators to come in and destroy it for any other purposes except for speculation. As we have seen with many other things in the US, land, oil and gold. People bought land to speculate and not live in