Bitcoin is a ponzi scheme?

in #bitcoin7 years ago

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For too long we hear the famous comparison between Bitcoin and the ponzi scheme, so today I write this article trying to explain, data in hand, because the bitcoin can not be a ponzi scheme. In the meantime we are trying to understand what a ponzi is, it is a model of scam doce there is a subject that acts directly with its victims claiming to have a hidden strategy with which it can guarantee medium-high returns with low or sometimes zero risk, even if in reality with the ponzi scheme you are not really investing. The scammer takes the victims' money and repays these victims in the form of returns, with their own money or with the money of the new victims. But as this pattern goes on, it becomes increasingly difficult to keep it standing, because more new victims are needed to pay the returns of previous victims, this scheme jumps when the scammer runs off with the money, once the victims are many or skip when you can not find more victims to repay the returns and then you find that in essence the scam. It is not known who was the first user of this scheme, the first to make it famous was Charlie Ponzi, was an Italian immigrant went to america, start this scheme ponzi with only $ 2 gets to cheat 40000 people and collects 15 million of dollars. Generally the pozni schemes always end badly. Generally the ponzi schemes always end badly both for the victims and for the scammer. 1) Promise of off-market high average returns, with low or zero risk, that can be obtained in the short or medium term. 2) There is a strategy that is kept secret or hidden by the scammer and there is a promoter who acts directly with their victims, the bash ponzi scheme is ​​those that were used in the past or are still today by rookie scammers, promise returns high in the short term with low risk risks. Does bitocoin allow out-of-market returns in the short term and at zero risk? NO, it does not allow anything of this, nobody tells us that the price goes up or down in the short or long term, so the first point is completely eliminated. In addition, the bitcoin has no strategy that allows you to make high returns, moreover here nothing is hidden since it is open source, so this can also be removed. Finally in the bitcoin there is no promoter acting with you, but it is a decentralized system with none of real behind. So the bitcoin is not a chema ponzi, I hope this explanation can be clear once and for all!

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Nice explanation. Went a bit long, but that's a minor point. :)

Thank you so much, I hope you can also appreciate the next articles I will write!

Dont forget to upvote me back :)