Mike on Nostr: Bitcoin is sometimes called a Ponzi scheme by uninformed people. It isn't, but that's ...
Bitcoin is sometimes called a Ponzi scheme by uninformed people.
It isn't, but that's not to say it doesn't have a Ponzi element just as all mass adoption processes do.
There are many respected MLM (Multi-level marketing) companies that exist, some are fraudulent, some use pyramid selling to accelerate adoption and growth.
Charles Ponzi gave Ponzi schemes a bad name 😂 😂 😂
If we want Bitcoin to succeed as a currency, we have to encourage and support the world to use it.
Published at
2025-02-11 11:43:31Event JSON
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