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9958958
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905385
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Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
Come-from-Beyond
on
27/12/2014, 18:15:10 UTC
Quote from: jonald_fyookball on December 27, 2014, 06:13:24 PM
That's not what a ponzi scheme is.
http://en.wikipedia.org/wiki/Ponzi_scheme
Read
http://www.sec.gov/answers/ponzi.htm
and ask yourself - what if Bitcoin is a ponzi scheme but "mutated" because Bitcoin is a decentralized entity.