Comment

Comment by tim333

Bitcoin isn't really a ponzi scheme though, just an asset that gets bid up. In a ponzi you pay in x and are promised x+50% or some such and the scheme fails when there isn't money to pay out x+50%. With bitcoin you buy for price x and sell for price y which may be higher or lower. Different thing. It can't fail, just go up or down in price.
parent tim333 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton