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Comment by zpeti

My personal take:

There might well be ponzi schemes on top of the bitcoin infrastructure, but the technology behind bitcoin is not a ponzi scheme.

It might well be that a lot of people are crazed over it and want to buy bitcoin and push up the price, but that's because there is something here with cryptocurrency. It definitely is a new way of accounting, and it could potentially be a hedge against the fiat system.

There's a lot of IFs, but I still think it is revolutionary technology that may well revolutionise things in 5-10 or 50 years, who knows.

parent zpeti 5 years ago

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