elon on Nostr: why Bitcoin is a ponzi scheme: definition of a pozi scheme: "a form of fraud in which ...
why Bitcoin is a ponzi scheme:
definition of a pozi scheme: "a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."
now answer this:
why do people buy bitcoins? (hint: so that they can sell it later for a higher price to someone else)
definition of a pozi scheme: "a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."
now answer this:
why do people buy bitcoins? (hint: so that they can sell it later for a higher price to someone else)