why Bitcoin is a ponzi scheme:
definition of a pozi scheme: "a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."
now answer this:
why do people buy bitcoins? (hint: so that they can sell it later for a higher price to someone else)
elon /
npub16q…verrp
2022-12-20 19:36:32
Author Public Key
npub16quq08wx0x77dhx6g0wssp2zwrrauvmzlkddpaeee2vhnpfa3vwsqverrpPublished at
2022-12-20 19:36:32Event JSON
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"pubkey": "d038079dc679bde6dcda43dd08054270c7de3362fd9ad0f739ca9979853d8b1d",
"created_at": 1671564992,
"kind": 1,
"tags": [],
"content": "why Bitcoin is a ponzi scheme:\n\ndefinition of a pozi scheme: \"a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.\"\n\nnow answer this:\nwhy do people buy bitcoins? (hint: so that they can sell it later for a higher price to someone else)",
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}