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Is Bitcoin a Ponzi Scheme?
As per title.
Bitcoin get popular quick Bitcoin lose value quick Bitcoin fake Bitcoin legit Bitcoin for scammers Bitcoin for Entrepreneurs Will bitcoin fail? |
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http://www.dnaindia.com/money/report...scheme-1220008 |
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I think a Ponzi scheme is where you get new investors to pay off existing investors instead of with profits.
When you buy bitcoins you are buying a product. A product I don't really understand, but a product. |
price rise now
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All things are only worth what people think they are worth. This includes gold, diamonds, the US dollar and bitcoin. Food, air, water and Pussy are the only exceptions to this.... We all need to eat food, drink water, and breath. Pussy has real value because homey needs to fuck!!!
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Of course it is
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If it is, that's the first decentralized ponzi scheme.
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Only if people PUMP money into scheme there are some money to be made, when that finish all goes crack! buubble, fake shit, people blind!
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