It can often be difficult to explain cryptocurrencies to people. Heck, it's even pretty difficult to explain traditional fiat monies to people, so it's kind of entertaining when we see a traditional media

If we torture the definition of "Ponzi Scheme" enough, can we call Bitcoin a Ponzi Scheme? The best way to answer this might be to wonder if gold is a Ponzi Scheme also. Charles Ponzi I'm inspired

With Assistance from Mr. Joel Morrison, a thoughtful response to this BoC paper pondering the notion of a Bitcoin backed currency. } It wasn’t too long ago that I stumbled across this research paper from