Ponzi scheme is a fraudulent investment process that pays investors money back, or money from later investors, rather than profits from business. A Ponzi scheme is designed to collapse at the expense of end-users when there are not enough new participants.
Bitcoin is a free program without centralized version authority. Accordingly, no one is in a position to make fraudulent claims about investment returns. As in other major currencies such as gold, US Dollar, Euro, Japanese Yen, etc., there is no guaranteed purchasing power and the exchange rate varies freely. This leads to volatility as the owners of the Queen can win or lose money unexpectedly. After meditation, Fort Quinn is also a payment system with useful and competitive features that are used by thousands of users and businesses.
Hello Steemians ! Is bitcoin a "Ponzi Scheme" ??? | Ecency
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