Bitcoin is not a ponzi scheme, which isn't to say that is doesn't have problems -- chief among them that the on-ramps are government-monitored exchanges that report to the IRS just as if you were trading stocks.
Not a ponzi scheme, just holds many of the same traits.
Pretending it is anything but fiat. Without having the ledgers backed by anything tangible it cannot hold any value beyond the value attributed by faith.
Bitcoin is not a ponzi scheme, which isn't to say that is doesn't have problems -- chief among them that the on-ramps are government-monitored exchanges that report to the IRS just as if you were trading stocks.
Not a ponzi scheme, just holds many of the same traits.
Pretending it is anything but fiat. Without having the ledgers backed by anything tangible it cannot hold any value beyond the value attributed by faith.