Bitcoin is not a ponzi scheme. It's a technology with actual useful properties. The code is out there to see.
If you don't understand why these properties are useful to so many people, I welcome you to the third world countries where you can't start selling your product to the rest of the world (even if it's a great one), because PayPal doesn't work with your country and cc processors won't let you accept cards from other countries (fraud risk). It's not just that. It's also that you don't have to report to anyone and go through all the tedious paperwork to incorporate BEFORE you actually made a cent on your product. When you compare the ease with which you can start selling your product with Bitcoin, it's just amazing. Government regulations stifle innovation and entrepreneurship, Bitcoin let's you break free.
If you don't understand why these properties are useful to so many people, I welcome you to the third world countries where you can't start selling your product to the rest of the world (even if it's a great one), because PayPal doesn't work with your country and cc processors won't let you accept cards from other countries (fraud risk). It's not just that. It's also that you don't have to report to anyone and go through all the tedious paperwork to incorporate BEFORE you actually made a cent on your product. When you compare the ease with which you can start selling your product with Bitcoin, it's just amazing. Government regulations stifle innovation and entrepreneurship, Bitcoin let's you break free.