Reasons Bitcoin is compared to a Ponzi scheme:
New money pays old: Early entrants profit from later buyers' capital.
Aggressive "shilling": Holders are incentivized to recruit new buyers.
Hype cycles: Extreme volatility makes retail investors feel rug-pulled.
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Myntad
Is Bitcoin a Ponzi Scheme? - Myntad
Critics have asked this question for more than a decade. At first glance the comparison can seem reasonable. Early adopters acquired bitcoin at ver...
The orange one tells the truth.
Can you see it?
